Income-in-kind is not considered a tax preference.

Name: Income-in-kind is not considered a tax preference.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Income-in-kind refers to non-cash income received for services performed or as part of transactions, and depending on the jurisdiction and specific circumstances, it can be considered taxable income and thus a tax preference, as it provides economic benefit to the recipient that may be subject to tax laws.

Income-In-Kind Is Not Considered a Tax Preference