Random Company requires their employees to travel for work using their own vehicles. The Company pays their employees a $0.75 per kilometer mileage rate allowance for the use of employee-owned cars. Ronny Ronald drove 7481 km this year and was provided an allowance at the company rate of $0.75 per kilometer. Ronny and the company are in Ontario. The non-deductible portion of the allowance provided to Ronny is
Random Company requires their employees to travel for work using their own vehicles. The Company pays their employees a $0.75 per kilometer mileage rate allowance for the use of employee-owned cars. Ronny Ronald drove 7481 km this year and was provided an allowance at the company rate of $0.75 per kilometer. Ronny and the company are in Ontario. The non-deductible portion of the allowance provided to Ronny is
Chapter5: Gross Income: Exclusions
Section: Chapter Questions
Problem 13DQ
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Question
![Random Company requires their employees
to travel for work using their own vehicles.
The Company pays their employees a $0.75
per kilometer mileage rate allowance for the
use of employee-owned cars.
Ronny Ronald drove 7481 km this year and
was provided an allowance at the company
rate of $0.75 per kilometer. Ronny and the
company are in Ontario.
The non-deductible portion of the allowance
provided to Ronny is](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa3d6efee-e54c-44bf-9d09-cbaebe4a07ca%2F285967ff-689d-4f7e-bb15-e8775da1090e%2Fjegkpt_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Random Company requires their employees
to travel for work using their own vehicles.
The Company pays their employees a $0.75
per kilometer mileage rate allowance for the
use of employee-owned cars.
Ronny Ronald drove 7481 km this year and
was provided an allowance at the company
rate of $0.75 per kilometer. Ronny and the
company are in Ontario.
The non-deductible portion of the allowance
provided to Ronny is
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