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An employer in the United States may provide transportation benefits to their employees that are tax free up to a certain limit. Under the U.S. Internal Revenue Code section 132(a), the qualified transportation benefits are one of the eight types of statutory employee benefits (also known as fringe benefits) that are excluded from gross income in calculating federal income tax.
A public transportation benefit area, abbreviated as PTBA, is a type of public-benefit corporation for public transit operators in the U.S. state of Washington.It was authorized in 1975 along with a funding mechanism that uses sales taxes levied within a district.
The RTA sales tax was increased to 1.25% in Cook County, and 0.75% in the collar counties (from 1% and 0.25%, respectively), but one-third of the sales tax collected in the collar counties (i.e. 0.25%) is distributed directly to the counties [39] and the county boards may use that money for transportation or public safety purposes. [40]
The sales tax starts with a rate of 6.5 cents for state collections and the remainder is dedicated to specific local funds. Tax breakdown. 6.5 cents - Washington state. 0.85 cents - County. 0.35 ...
A commuter tax is a tax (generally on either income or wages) levied upon persons who work, but do not live, in a particular jurisdiction. The argument for a commuter tax is that it pays for public services, such as police, fire, and sanitation, received by and beneficial to people who work within the jurisdiction levying the commuter tax.
A transit referendum is a countywide vote on a tax raise to fund mass transit projects. Voters in Metro Nashville will have the opportunity to approve or reject a proposed tax increase to pay for ...
New Jersey agreed to free public transportation for World Cup ticket holders — even as NJ Transit recently approved a 15% fare hike to plug budget deficits — possible state tax exemptions and ...
The proposed amendment provides that no moneys derived from taxes, fees, excises, or license taxes, relating to registration, titles, operation, or use of vehicles or public highways, roads, streets, bridges, mass transit, intercity passenger rail, ports, or airports, or motor fuels, including bond proceeds, shall be expended for other than ...