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Commuter benefits - employer-provided benefits under section 132(f) of the tax code, covering tax-free transit, vanpool, or parking benefits. Commuter highway vehicle - a tax law term for vanpool as defined in section 132(f)(5)(B). Fare card - a card or ticket that a transit rider can use to ride on a public transit system.
A Qualified Employee Discount is defined in Section 132(c) as any employee discount with respect to qualified property or services to the extent the discount does not exceed (a) the gross profit percentage of the price at which the property is being offered by the employer to customers, in the case of property, or (b) 20% of the price offered for services by the employer to customers, in the ...
Created by the Texas legislature in 2001, and initially set to expire in 2007, the program has been renewed several times. In 2013, the Texas Legislature reset the expiration date of the program to December 31, 2022. [3] Companies seeking a limitation submit an abatement application to the school district in which the project may be located.
Stay updated on the news about taxes, deadlines, deductions, laws, the IRS, and all things related to your income taxes.
The high cost of complying with our tax code encourages wasteful tax avoidance strategies and creates what we economists call significant deadweight losses by distorting work and investment decisions.
In April 2014, Uber was banned in Brussels, and the company was threatened with fines of €10,000 if it offers fares to drivers who are not in possession of a taxi license. [31] Bruxelles-Mobilite, the city's federal region administration responsible for infrastructure and traffic, impounded 13 cars aligned with Uber after March 2014 and a ...
However, simplifying the tax code could also eliminate many deductions and credits that benefit specific groups, such as low-income families or those with high medical expenses, Yen pointed out.
An environmental study was completed in August 2012 with a Finding Of No Significant Impact and a recommendation of one new travel lane in each direction, operated as express lanes. [13] Construction began in 2013, and was originally scheduled for completion in September 2015, but by August 2016, the Central Texas Regional Mobility Authority ...