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Which of the following would be reported as a cash taxable allowance? O A per kilometre reimbursement at a rate higher or lower than $0.61
Which of the following would be reported as a cash taxable allowance? O A per kilometre reimbursement at a rate higher or lower than $0.61 per kilometre driven OA flat amount paid monthly plus reimbursement at $0.28 per kilometre 0 A flat amount paid that is not based on kilometres driven All of the above Lise Chen works for Frontier Corporation in Nunavut and is provided with a company owned automobile. The automobile was in Les per M days. Of the 49,628 kilometres driven, 26, 142 kilometres were for business purposes. The purchase price of the vehicle was calculated at 5% in the Lise requested in writing that Frontier Corporation use the optional operating cost method if all the conititions apply Shed the uncary for any of the expenses associated with the automobile Calculate Lise's annual automobile taxable benefit Your
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