Old Feb 25, 07, 2:04 pm
Join Date: Dec 2006
Location: NYC
Programs: DL PM, SPG Gold
Posts: 120
Originally Posted by mikeinseattle View Post
Airlines and hotel programs have set a standard where they are trying to set a cash value of a minimum of 1 cent per mile and are trying to do everything possible to meet this cash value.
I doubt airlines would ever want to target a specific cash value for their miles, due to tax reasons. If they ever established a specific cash value, the IRS might decide that miles/points constitute a taxable benefit for people going on business trips.
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