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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 report also emphasized that both tire taxes and vehicle mile traveled taxes would have to be rated based on weight-per-axle to properly distribute wear-related costs of highway use. In late 2012, Oregon conducted a second road user fee pilot. The pilot was completed successfully in January 2013. [17]
Louisiana citizens have a propensity for filing injury claims, ones that are frivolous and even fraudulent. Minimal coverage policies can also contribute to Louisiana's status as a "judicial ...
Usage-based insurance (UBI), also known as pay as you drive (PAYD), pay how you drive (PHYD) and mile-based auto insurance, is a type of vehicle insurance whereby the costs are dependent upon type of vehicle used, measured against time, distance, behavior and place.
Central to the package is a reduction of the state income tax rate to a flat 3% for all residents earning over ... state revenue by $1.3 billion per year, is paired with measures to offset the ...
Liability insurance in Louisiana. Louisiana car insurance laws require minimum liability coverage with 15/30/25 policy limits. This means drivers must carry: $15,000 in bodily injury liability per ...
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