A Free Ride
Journal of Accountancy
Reports on the Energy Policy Act of 1992's amendment to the Internal Revenue Code section 132. Increase in tax exclusion for transit passes; Limit on the excludable value of employer-provider parking; Provisions of the Internal Revenue Service (IRS) notice 94-3 (1994-3 IRB); Effectivity of the de minimis fringe rules for parking and transit passes provided to partners, shareholders of S corporations and independent contractors.
Recommended CitationLynch, Michael F., "A Free Ride" (1994). Accounting Journal Articles. Paper 2.