Incentives and Taxes

INTERPRETING THE TAX code related to meetings can be a daunting task. But what it boils down to for incentives is that the recipient of a pure incentive trip — one where the trip is being taken primarily for pleasure — is responsible for paying the taxes on the fair market value of that trip; that is, the typical cost of airfare, hotel accommodations, ground travel, etc. Some companies award a cash bonus along with the trip to help offset the taxes that will be owed by the recipient.

Register to view the full article

Register for and gain access to premium content including the CMI 25 Listing, our monthly digital edition, the MeetingsNet app, live and on-demand webinars, and much more.

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.