permitted benefit
Defined in 1 place of the United States Code.
The term “permitted benefit” means, with respect to any eligible employee, the maximum dollar amount of payments and reimbursements which may be made under the terms of the qualified small employer health reimbursement arrangement for the year with respect to such employee.
Source
- 2016–present26 U.S.C. § 9831Internal Revenue Code · General exceptions · for purposes of this title