Question: Which of the following characteristics apply to taxable fringe benefits? (Check all that apply) Employees are taxed on the value of the benefit rather than the cost paid for the benefit The cost of the taxable fringe benefit is deductible to the employer, not the value of the benefit to the employee Employers treat the taxable fringe benefits the same as cash compensation Employers may NOT discriminate between employees, but must offer the same taxable fringe benefits to all employees regard level