Bank Corp., a calendar-year corporation, reimburses employees for properly substantiated qualifying business meal expenses at...
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Bank Corp., a calendaryear corporation, reimburses employees for properly substantiated qualifying business meal expenses at a restaurant. The employees are present at the meals, which are neither lavish nor extravagant, and the reimbursement is not treated as wages subject to withholdings. For ?what percentage of the meal expense may Bank deduct?
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