### Question
How does ITEMS SPECIFICALLY EXCLUDED FROM GROSS INCOME define employee discount?


### Answer
Under *26 U.S.C. § 132*, **employee discount** is defined as:

> the amount by which—


(A) the price at which the property or services are provided by the employer to an employee for use by such employee, is less than


(B) the price at which such property or services are being offered by the employer to customers

#### Citation:
  - *26 U.S.C. § 132*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter B-Computation of Taxable Income > PART III-ITEMS SPECIFICALLY EXCLUDED FROM GROSS INCOME**

