Throw the Governor From the Plane?

Thompson Publishing
01.12.10
In this article, Marianna Dyson discusses the taxability of flights on state aircraft by public officials. She explains that like private employers, a government entity should establish policies setting forth the conditions under which fringe benefits, particularly flights on aircraft and use of vehicles, will be provided to public officials. The policies should explain the requirements for proving the business use of transportation, including the recordkeeping rules, so the employer can exclude the value of any business use from the employee’s income and properly treat the personal use as additional wages using any applicable special valuation rules.
Related Files
Thompson Publishing
Related Links