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A company pays an employee a tax-free allowance for the business use of the employee's automobile. The entire amount of the allowance would be deductible
A company pays an employee a tax-free allowance for the business use of the employee's automobile. The entire amount of the allowance would be deductible to the employer in 2023 if Multiple Choice the amount was 62 cents per kilometer of business use. the employee did not claim their actual automobile expenses. the amount was 80 cents per kilometer of business use. The amount is reasonable based on a review of mileage logs and the employee's actual expenses of prior years. the amount was reasonable
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