Court Clarifies Tax Treatment of Loyalty Programs

Published Categorized as Articles, Houston, Tax

Programs involving third-party vendors providing rewards, like hotels, airlines, and fuel companies, can amass substantial value over time. The term “substantial” is an understatement. “Massive” is more fitting. The tax law for these arrangements is not clear as it touches on concepts like trust funds, accounting methods, and redemption deductions. Given the size of the… Continue reading Court Clarifies Tax Treatment of Loyalty Programs

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