US EditionTrump Tax Law Quietly Takes Aim at Popular Perk: Office Snacks
UNITED STATES, JUL 15 – Elimination of employer food deductions will generate $32 billion in tax revenue over 10 years, threatening popular workplace perks like free snacks and on-site meals.
- On January 1, 2026, employers in the United States will no longer be able to deduct the cost of `free` snacks, as legislation is scheduled to take effect, impacting workplace perks.
- Back in 2017, Trump’s tax law halved the deduction for employer-provided food, scheduled for elimination by year-end, signed July 4 to reduce budget impact.
- According to SHRM, 44% of U.S. employers now provide free snacks, double the rate a decade ago, Nicholas Brown told USA TODAY.
- Meanwhile, Ali Sabeti, chief executive officer of ZeroCater Inc., said `It’s pretty inelastic` while the government hopes to increase tax revenue from the upcoming elimination of office snack deductions.
- Projections suggest, according to Congress’s Joint Committee on Taxation, $32 billion in additional taxes from affected companies including Google, Meta, Apple, LinkedIn, JPMorgan, and Goldman Sachs.
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US companies may stop offering free snacks in office. Here’s how Trump’s tax law is affecting popular perk
Starting January 1, US companies that continue to provide office snacks, coffee or on-site lunches will see them taxed as the deduction for the same will be eliminated by administration.
·India
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Total News Sources28
Leaning Left4Leaning Right0Center22Last UpdatedBias Distribution85% Center
Bias Distribution
- 85% of the sources are Center
85% Center
15%
C 85%
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