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Under the U.S. Internal Revenue Code section 132 (a), the qualified transportation benefits are one of the eight types of statutory employee benefits (also known as fringe benefits) that are excluded from gross income in calculating federal income tax. The qualified transportation benefits are transit passes, vanpooling, bicycling, and parking ...
A value-added tax (VAT or goods and services tax (GST), general consumption tax (GCT)), is a consumption tax that is levied on the value added at each stage of a product's production and distribution. VAT is similar to, and is often compared with, a sales tax. VAT is an indirect tax because the consumer who ultimately bears the burden of the ...
A "semester ticket" is a student transit pass issued by universities and Fachhochschulen in Germany allowing students to travel on the buses, trams, subways, and local trains of the school's home city. [3] [4] The cost of the semester ticket is included in the university's student fees, [4] and it can be used in the state where the university ...
A U-Pass is mandatory for all students of Durham College, University of Ontario Institute of Technology, and Trent University Durham GTA and are included with full-time student fees. This pass offers unlimited travel seven days a week on Durham Region Transit services and certain GO Transit routes operating within Durham Region. It previously ...
The Transit Access Pass (TAP) is a contactless smart card used for automated fare collection on most public transport agencies within Los Angeles County, California. The card is also available in electronic form, free of charge, in Apple Wallet , thereby bypassing the need to purchase the plastic USD $2 card. [ 2 ]
Counties may levy a permissive sales tax of 0.25% up to 1.5% and transit authorities, mass transit districts usually centered on one primary county, may levy a sales tax of 0.25% up to 1.5%. Cuyahoga County has the highest statewide sales tax rate (8%). Tax increments may not be less than 0.25%, and the total tax rate, including the state rate ...
An 1878 Central Pacific Railroad issued ticket for passage from Reno to Virginia City on the Virginia & Truce Railroad. A train ticket is a transit pass ticket issued by a railway operator that enables the bearer to travel on the operator's network or a partner's network. Tickets can authorize the bearer to travel a set itinerary at a specific ...
Free travel pass. A free travel pass is the privilege of a certain class of passengers to use a public transport service without paying a fare or presenting a ticket. They may need to present an identification card produced by their employer or other sponsoring organization, or by the transit provider.