Question
Availability is one factor in calculating the standby charge for the automobile taxable benefit. Which of the following is a true statement? A) availability is
Availability is one factor in calculating the standby charge for the automobile taxable benefit. Which of the following is a true statement?
A) availability is based on the number of months the car is owned by the employer
B) availability is the number of months the company car is available to the employee in the current taxation year
C) the result of the availability calculation is rounded to the next highest whole number if greater than 1
D) availability is the number of 30 day periods the company car is available to the employee in the current taxation year
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