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GIFTS
Reimbursable
business
gifts (those gifts purchased for vendors or merchants) should not be
reported on an Expense Report, but should instead be obtained and purchased with a Purchase
Order or through stock withdrawal. Included on the request should be the business purpose of
the gift, the name of the recipient, and business relationship. Your gifts must be provided in
accordance with the Company’s Code of Conduct.
Gifts to associates are prohibited unless authorized by the CEO’s direct report member, prior to
purchase.
Gifts to associates are reportable to the IRS and subject to tax withholding. These gifts must be
reported to Payroll to be included on the associate’s W
-2 filing.