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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 ...
Truck drivers get the standard mileage rate of 65.5 cents per mile. This rate increased from 62.5 cents per mile as of January 2023. To figure out your deduction, take the number of miles driven ...
China became the world's largest new car market in 2009. Countries and territories listed by the number of road motor vehicles per 1,000 inhabitants are as follows. Motor vehicles include cars, vans, buses, freight, and other trucks, but exclude two-wheelers. Country or territory. Motor vehicles.
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 IRS standard mileage rate is a key benchmark used by the federal government and many businesses to reimburse employees for out-of ... 2022, and it had hit as high as $5.027 a gallon on June 14 ...
27. Papua New Guinea. Had numerous plantation and mining railways, all closed by the early 1990s. Line from Lae to Vanimo proposed (see Transport in Papua New Guinea ). 598. 28. Rwanda. Had industrial lines, out of use since the 1990s. Lines to Uganda and/or Tanzania (see Isaka–Kigali Standard Gauge Railway) proposed.
In 2022, the rate was 58.5 cents per mile in the first half of the year and 62.5 cents in the second half -- but $0.60 per mile goes a lot farther in some states than others.
In 2022 NHTSA reinstated the inflation adjustment that was made in 2016 and began making annual inflation adjustments as required by law. For the 2019 through 2021 model years the rate is $14 per 0.1 MPG and increased to $15 per 0.1 MPG for the 2022 model year. Stellantis was the first manufacturer fined under a new rate. See also
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