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#337476 - 03/23/05 04:06 PM Use of bank vehicle
Anonymous
Unregistered

Would anyone have any guidance on the use of a bank owned vehicle by an executive officer on a regular basis (ie he keeps the car at work and at honme)? If I recall, there are insider rules governing this but I have not been able to locate it in Reg O.
I thought there was something on Bankersonline site too but have had no luck with my searches.
Thank you.

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Audit
#337477 - 03/23/05 04:14 PM Re: Use of bank vehicle
J2C Offline
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Joined: May 2004
Posts: 1,475
Big Brother knows and that's a...
There isn't anything in Reg. O. You may want to check tax laws and perhaps with your Controller for more info.
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#337478 - 03/23/05 10:20 PM Re: Use of bank vehicle
HMS Pippii Offline
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HMS Pippii
Joined: Apr 2003
Posts: 1,636
snorkeling in warm, clear wate...
Go out on the IRS website and find the publications. You're looking for Publication 463 - I forget which page the employer-owned vehicle information is on, but it's easy to find once you find Pub 463.
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