Where the company contracts a rental agreement for a car that is then made available to an employee, the benefit-in-kind is valued at the rental value as it appears in the contract (Public Ruling 2/1990).
The benefit-in-kind should be valued at the amount of the allowance that would have been paid to the employee, where an employee:
- Ìý
•ÌýÌýÌýÌý qualifies for a transport allowance but does not actually receive such an allowance, and
- Ìý
•ÌýÌýÌýÌý uses a car which is owned by the employer for private purposes
The
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Web page updated on 17 Mar 2025 15:19