Re:Bus Lane Blocked, He Trained His Computer to Catch Scofflaws
by ptaipale on Friday March 16, 2018 @07:29PM
(#16604725)
> UPS tells its drivers to park illegally and then pays the resulting tickets in bulk.
Interesting. Over here, a company cannot deduct parking tickets (or similar payments). They are not cost of business and are therefore directly reducing the EBIT i.e. money of shareholders. Also, they are treated as taxable income to the person who got the ticket, if identifiable (here enforcement is weaker, but the outcome is that no company pays parking tickets for its employees.)
Interesting. Over here, a company cannot deduct parking tickets (or similar payments). They are not cost of business and are therefore directly reducing the EBIT i.e. money of shareholders. Also, they are treated as taxable income to the person who got the ticket, if identifiable (here enforcement is weaker, but the outcome is that no company pays parking tickets for its employees.)