re: How much should a company truck affect your salary?

quote:

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I would bargain that most people who get company vehicles don't understand the tax implications of a company vehicle IF the company is doing things by the books.

Again, a lot of this shite flies under the radar or isn't worth digging into.

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I am assuming that if a company has company vehicles and expects to write it off as a business expense, then they have to track the miles. I would guess that's why personal use miles hit the employee's W2.

Only way I could see it not getting taxed for employee is if the company chooses to eat the cost of the vehicle 100% and never claim it.