EFTA01135645
Personal Use: SIFL
Special Valuation Rules
• Employee recognizes income using favorable standard industry
fare level ("SIFL") rates less the amount paid by the employee
• SIFL Calculation
- Mileage Rate ... Limit Copyright c) 2004 Deloitte Development LLC
EFTA01135646
Personal Use: SIFL
Mileage Terminal
Date Trip Miles Charge Charge Total
8/22/03 Chicago to Minneapolis 354 67.12 34.66 101.78
8/25/03 Minneapolis ... dome Development LLC
67 The Sky is The Limit
EFTA01135647
Personal Use: SIFL
Improper Calculation: Defined as an error made
with regard to classification of a control
employee or weight