Determination of the Maximum Value of a Vehicle for Use With the Fleet-Average and Vehicle Cents-Per-Mile Valuation Rules
other · IRS · Rule · Published 2020-02-05 · Effective 2020-02-05 · 85 FR 6424
Document
Document number
2020-02158
Federal Register citation
85 FR 6424
CFR reference
26 CFR 1
Type
Rule
Action
Final regulation.
Category
other
Sub-agency
IRS
Publication date
2020-02-05
Effective date
2020-02-05
Treasury docket
TD 9893
Abstract
This document sets forth final regulations regarding special valuation rules for employers and employees to use in determining the amount to include in an employee's gross income for personal use of an employer-provided vehicle. The final regulations reflect changes made by the Tax Cuts and Jobs Act (TCJA).