Qualified Separate Lines of Business
Qualified Separate Lines of Business means:
a qualification applied to lines of business with 50 or more employees that has an impact on employee benefit plans and certain miscellaneous fringe benefits. For example, a no-additional-cost service (such as a free airline ticket) is not taxable to an employee in the same line of business. If the employee worked in a different line of business, however, the airline ticket would be taxable. Former IRC (check if this IRC provision is current here) §4l4(r).
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