Question
If an employee is given a car to use by an employer, the employee generally will be taxed if: Vehicle is used 51% for business
If an employee is given a car to use by an employer, the employee generally will be taxed if:
- Vehicle is used 51% for business
2. Vehicle is used 100 % for business
3. There is De minimis personal use
4. Employer has written policy against personal use
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Financial Accounting
Authors: John Hoggett, Lew Edwards, Evelyn Hogg, John Medlin, Matthew Tilling
8th Edition
1742466362, 978-1742466361
