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Tax Laws and Regulations - Automotive

Court Cases, Revenue Rulings, Internal Revenue Codes, and Treasury Regulations

New tax laws and regulations may affect your tax situation. View important rulings related to the following topics:

  • Business Expenses
  • Finance and Insurance
  • Independent Contractor or Employee
  • Inventory
  • Methods of Accounting
  • Miscellaneous

Revenue Procedure 2001-56 (PDF), provides simplified methods auto dealerships can use to determine the dollar amount to be included in, or excluded from, the income of employees provided with vehicles by dealerships.

Page Last Reviewed or Updated: 27-Apr-2017