Question
From a tax perspective, assume I am the CEO of a corporation who is considering providing company vehicles to some employees and while I am
From a tax perspective, assume I am the CEO of a corporation who is considering providing company vehicles to some employees and while I am wondering what the value of doing this might be (but this is not relevant to you), I am more confused about the potential tax implications to my employees of offering this type of taxable benefit. I have requested that you, as a tax advisor to my corporation, advise me on the most important things to consider regarding this issue. Be sure to provide at least 1 concrete, real example of the manner in which this taxable benefit is treated.
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