Tuesday, October 29, 2013

They have to get a piece of everything: IRS says bike-share programs not free

From the article: Bike share programs are primarily for short-term use in urban areas as alternatives to private vehicles, taxis or mass transit. Bikes are rented at one docking station and may be returned there or at any other docking station. The stated goals are reducing traffic congestion, noise and air pollution. And are they tax-free? Nope, not according to the IRS.
Article here. 

No comments:

Post a Comment