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The business mileage reimbursement rate is an optional standard mileage rate used in the United States for purposes of computing the allowable business deduction, for Federal income tax purposes under the Internal Revenue Code, at 26 U.S.C. ยง 162, for the business use of a vehicle. Under the law, the taxpayer for each year is generally ...
Here are the 2023 mileage reimbursement rates: Business use: 65.5 cents per mile. This mileage rate for business increased by 3 cents from 62.5 cents per mile in 2022. Military moving: 22 cents ...
GM Defense is the military product subsidiary of General Motors, headquartered in Concord, North Carolina. It focuses on defense industry needs with hydrogen fuel cell and other advanced mobility technologies. [2] GM Defense projects include SURUS (Silent Utility Rover Universal Superstructure), an autonomous modular platform joint project with ...
In July 1984, a program to look at a future 5-ton truck procurement to replace in-service 2.5- and 5-ton trucks began. Cost analysis demonstrated that the procurement should be for both 2.5- and 5-ton trucks. In October 1984, the FMTV formally began as a program. The request for proposals (RFP) for FMTV was released in 1988. At this time it was ...
The lowest discounts were given on vehicles from European manufacturers, where the average discount was 7.7% below MSRP. Overall, the average discount in July 2004 was $4,982 (16.8%), meaning that while the average MSRP was almost $30,000, the average buyer of a new car paid only $24,764. Dr.
In two years, Space Force thinks the military will buy $500 million worth of satellite communications services. That's $250 million a year, growing at "off-the-charts" rates into the "billions ...
The Medium Tactical Vehicle Replacement (MTVR) is a series of vehicles used by the U.S. Marines. The first MTVRs were delivered in late 1999. The MTVR is the equivalent of the U.S. Army's Family of Medium Tactical Vehicles (FMTV); the Marines do not use the FMTV (with the exception of the FMTV-based HIMARS) and the Army does not use the MTVR. . There were originally four, later seven, MTVR ...
t. e. In the United States, the automotive industry began in the 1890s and, as a result of the size of the domestic market and the use of mass production, rapidly evolved into the largest in the world. The United States was the first country in the world to have a mass market for vehicle production and sales and is a pioneer of the automotive ...