Consulting

Does alt travel generally work the same at MBB as at Big 4?

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Does anyone actually report alt travel as taxable benefits?... I thought that was just an official policy that no one followed

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IRS views MBB and Big 4 the same.

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Only difference is that I think McKinsey makes it a bit easier to alt travel internationally

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Related, I've never heard a good argument for why alt travel is taxed differently than normal income. Thoughts on that?

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I certainly don't.

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It's very silly for it to be considered a benefit. It's not income in any form, and often means the client is paying even less than they would have.

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Yes

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I've never reported it for taxes and I do it roughly 10-15 times a year both domestically and internationally

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Uncle Bruce covers taxes on the first grand or 2 of alt that is actually reported as such... ahem

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I can't believe I am saying this but I am missing all those fancy hotel stays

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