HIGHLIGHTS Bulletin No. 2020–9 OF THIS ISSUE February 24, 2020
INCOME TAX
Internal Revenue Bulletin 2020-9 · 2026-10-03 edition · updated 2026-10-04 · United States
T.D. 9893, page 449. These regulations set forth the procedures for employers who choose to use special valuation rules to determine the amount to include in an employee’s gross income for personal use of an employer-provided vehicle. To align with changes made by the Tax Cuts and Jobs Act, these final regulations update the procedures for determining the maximum vehicle values for use with the special valuation rules and describe how employers may adopt the special valuation rules for years 2018 and 2019.
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