Compensation Glossary

# A B C D E F G H I J K L M N O P Q R S T U V W - Z

Company Cars

Excluded from Income. In general, when an employer provides a vehicle to an employee for business purposes, the value of the vehicle may be excluded from the employee's income. However, if the employee uses the vehicle for personal as well as business reasons, only the portion of the car's value that can be attributed to business use may be excluded.

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Company Retention Method

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