no-additional-cost service
Defined in 1 place of the United States Code.
For purposes of this section, the term "no-additional-cost service" means any service provided by an employer to an employee for use by such employee if—
Source
- 1994–202526 U.S.C. § 132Internal Revenue Code · Certain fringe benefits · for purposes of this section
For purposes of this section, the term “no-additional-cost service” means any service provided by an employer to an employee for use by such employee if—
(1) such service is offered for sale to customers in the ordinary course of the line of business of the employer in which the employee is performing services, and
(2) the employer incurs no substantial additional cost (including forgone revenue) in providing such service to the employee (determined without regard to any amount paid by the employee for such service).
Source
- 2013–present26 U.S.C. § 132Internal Revenue Code · Certain fringe benefits · for purposes of this section