FlyerTalk Forums - View Single Post - Companies sharing travel savings / award travel for business use
Old Mar 21, 2002 | 11:58 am
  #3  
auh2o
In Memoriam, Original Member
 
Join Date: May 1998
Location: Los Angeles, CA
Posts: 6,879
"To offset T&E costs for Bozo Inc., while providing a benefit to employees, frequent flyer miles may be used to purchase a domestic or international ticket for business purposes. Bozo Inc. will remunerate 60% of the lowest applicable fare (established by Bozo Travel) via payroll. This compensation will be taxed at bonus withholding rates and added to the employee's W-2".

That is how we do it.
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