Which of the following statements is true regarding the dividends-received deduction?  The dividends-received deduction is available for dividends received from foreign corporations.    The dividends-received deduction is allowed to provide relief from triple taxation.    Distributions received from S corporations are eligible for the dividends-received deduction.    The stock can be held for only 30 days to be eligible for the dividends-received deduction.

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Fringe Benefit Tax

Fringe benefits are in addition to the compensation that companies give to their employees. It is an additional benefit above the stated salary. It helps to keep the employees of the firm motivated as sometimes the only salary is not enough to retain the quality employees of the firm. There are different types of fringe benefits. Fringe benefits are given in both private as well as public enterprises.