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reduced standby - leased Moore was provided with a company car to drive from July 1st to December 31st of 2022. The car was leased
reduced standby - leased
Moore was provided with a company car to drive from July 1st to December 31st of 2022. The car was leased by the company for $1,000 per month. Moore drove the car a total of 10,000 kilometers during the year. 6,000 kilometers were for business purposes and the other 4,000 kilometers were for personal use. Moore's employer paid for all of the vehicle's operating costs which totaled $1,100.
What is the minimum total taxable benefits as a result of the above information?
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