What tax issues should troy and the employees consider

Reference no: EM13214721

Troy Department Stores offers employees discounts on merchandise carried in the store. Newly hired employees receive a 10% discount. The discount rate increases 1% each year until employees have 20 years of service, at which point the discount rate is capped at 30%.

What tax issues should Troy and the employees consider? Explain.

Reference no: EM13214721

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