Overview

• President Trump signed the “Big Beautiful Bill” on July 4, preserving the full elimination of the employer-provided meal deduction effective January 1.
• The Joint Committee on Taxation projects the deduction’s removal will generate about $32 billion in federal revenue through 2034.
• Lawmakers secured carve-outs for Alaska’s fishing industry and for restaurants, while other employers lose the benefit.
• Free office snacks have become a staple for 44% of U.S. employers, up from roughly half that share a decade ago.
• Major firms including Google, Meta and Goldman Sachs have declined to say whether they will cut food perks or absorb the higher after-tax costs.