FlyerTalk Forums - View Single Post - Travel Expenses: Dumb Things your Company has Done
Old Jan 4, 2019, 11:56 am
  #335  
emma69
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Join Date: Feb 2010
Posts: 13,573
Originally Posted by rbwpi
Several have mentioned using the IRS standard mileage rate in order to seek reimbursement for use of a rental vehicle. However, the IRS standard mileage rate is only applicable if you OWN or LEASE the vehicle.
Surely the IRS cannot demand a company verifies vehicle ownership of its employees? I thought using CRA / IRS 'acceptable' amounts was to keep below a taxable benefit threshold, not that they had to comply identically as if they were filing their return with the IRS as individuals? Meaning an employer can't pay someone $100 / mile without triggering a taxable benefit, as that is not reasonable.
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