From: "jeffrey E." <[email protected]>

From: "jeffrey E." <[email protected]> To: Vincenzo lozzo Subject: Re: taxes on employees benefits Date: Thu, 11 Sep 2014 10:08:15 +0000 the transacton is based on what why and when somtning of value was transfered. each term needing further anaylsu On Thu, Sep 11, 2014 at 6:00 AM, Vincenzo lozzo > wrote: sorry having troubles parsing this, what do you mean? Also the other idea is for companies to give out 'coins' that are not really backed by anything and that can be redeemed after X years. This way maybe the company doesn't get a tax advantage but at the same time it doesn't need to commit fiat money for a while until the employee cashes out. Sort of like 'starbucks cards' for employees re blind trust: maybe it's not a blind trust but isn't there a legal structure where some of the income of employees is put into the company and the employee only pays taxes on it when he cashes out? I had a vague conversation on the topic w/ a friend that works for Qualcomm and they have a similar setup for VPs and above On 11/set/2014, at 10:45, jeffrey E. <[email protected]> wrote: > it depends on " are they required todo it that makes it non taxable > On Thu, Sep 11, 2014 at 5:20 AM, Vincenzo lozzo < > wrote: > Jeffrey, > quick Q for you: if you distribute some kind of coin/voucher to your employees and they can only redeem that coin/voucher within the premises of the company and/or to trade stuff among themselves. Is that a fringe benefit? Is it taxed? > I was reading this article about the IRS looking into taxing google for free food to employees and I thought that if you can work around that issue then you have a pretty valid reason for companies to adopt 'tailored' currencies > Thanks, > Vincenzo > -- > please note > The information contained in this communication is > confidential, may be attorney-client privileged, may > constitute inside information, and is intended only for > the use of the addressee. It is the property of > JEE > Unauthorized use, disclosure or copying of this > communication or any part thereof is strictly prohibited EFTA00996540 > and may be unlawful. If you have received this > communication in error, please notify us immediately by > return e-mail or by e-mail to [email protected], and > destroy this communication and all copies thereof, > including all attachments. copyright -all rights reserved please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA00996541