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Commuter benefits - employer-provided benefits under section 132(f) of the tax code, covering tax-free transit, vanpool, or parking benefits. Commuter highway vehicle - a tax law term for vanpool as defined in section 132(f)(5)(B). Fare card - a card or ticket that a transit rider can use to ride on a public transit system.
Fare cards vastly simplify transfers, especially between different operators, since the transfer and payment (if any) is handled automatically by the card. Since transfers between services can significantly expand the effective range and coverage of another service, fare cards are often implemented specifically to improve a transit network's ...
Transfer payments to (persons) as a percent of federal revenue in the United States Transfer payments to (persons + business) in the United States. In macroeconomics and finance, a transfer payment (also called a government transfer or simply fiscal transfer) is a redistribution of income and wealth by means of the government making a payment, without goods or services being received in return ...
A transit pass (North American English) or travel card (British English), often referred to as a bus pass or train pass etc. (in all English dialects), [1] [2] is a ticket that allows a passenger of the service to take either a certain number of pre-purchased trips or unlimited trips within a fixed period of time.
Don’t forget to factor your balance transfer fee into the new balance on your card. This fee can be anywhere from 3 percent to 5 percent of your transferred balance, depending on the card.
The Substantial Presence Test (SPT) is a criterion used by the Internal Revenue Service (IRS) in the United States to determine whether an individual who is not a citizen or lawful permanent resident in the recent past qualifies as a "resident for tax purposes" or a "nonresident for tax purposes"; [1] [2] it is a form of physical presence test.
Ben Franklin Transit’s sales tax revenue has nearly doubled over the past decade, from about $28 million in 2014 to $53 million in 2024. Their expenses have also grown along the same pace, from ...
A reciprocity agreement between the MTA and WMATA allows either card to be used for travel on any of the participating transit systems in the Baltimore-Washington metropolitan area. Unlike traditional paper farecards or bus passes, SmarTrip/CharmCard is designed to be permanent and reloadable; the term "SmarTrip" may refer to both payment ...