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This mileage rate for business increased by 1.5 cent from 65.5 cents per mile in 2023. Military moving mileage rate: 21 cents per mile (1 cent decrease from 2023). Qualified active-duty Armed ...
The business mileage reimbursement rate is an optional standard mileage rate used in the United States for purposes of computing the allowable business deduction, for Federal income tax purposes under the Internal Revenue Code, at 26 U.S.C. § 162, for the business use of a vehicle. Under the law, the taxpayer for each year is generally ...
The Toyota Hilux Champ is a light commercial vehicle manufactured by the Japanese carmaker Toyota since 2023. [4] Based on the Hilux, the Hilux Champ is positioned below it as a simpler and more affordable alternative. [5] It is available as a two-door pickup truck or two-door chassis cab, and primarily targets emerging markets. [6] [7]
1968–1988 Toyota Hilux; 1984–1995 Toyota Hilux Surf (4Runner in some markets) LN Platform (L, 2L, 3L, 5L engine) 1981–2001 Toyota Hilux; 1984–1993 Toyota Hilux Surf (4Runner in some markets) YN Platform (1Y, 2Y, 3Y engine) 1983–1995 Toyota Hilux; 1984–1995 Toyota Hilux Surf (4Runner in some markets) KZN Platform (1KZ-TE engine) 2001 ...
For the final six months of 2022, the standard mileage rate for business travel was 62.5 cents per mile, up 4 cents from the rate effective at the start of 2022. The new rate was implemented to ...
New vehicles sold in the U.S. will have to average about 38 miles per gallon of gasoline in 2031 in real-world driving, up from about 29 mpg this year, under new federal rules unveiled Friday by ...
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.
It was reported that in 2011, Toyota started over on the new Hilux just six months into development due to the release of the Volkswagen Amarok and Ford Ranger that reset Toyota's benchmark for "car-like driving". Toyota President and CEO Akio Toyoda personally intervened to set the Hilux on a new development path. [102]