Your Guide to Year-End 2023: Personal Use of a Company Car
ThomsonReuters
NOVEMBER 27, 2023
It’s a great perk when an employer provides a company car that a worker can also use during non-work hours. But how do you tax the value of a noncash fringe benefit? How do you calculate PUCC? There are four methods to calculate personal use of a company car (PUCC): General valuation method.
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