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Ali Was Provided with a Company Car to Drive from March

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Ali was provided with a company car to drive from March 1st to December 31st of 2020.The car cost the company $22,000, plus GST (5%) and PST (6%) .Ali drove the car a total of 15,000 kilometers during the year.11,000 kilometers were for business purposes and the other 4,000 kilometers were for personal use.Ali's employer paid for all of the vehicle's operating costs which totaled $1,100.What is the minimum amount that Ali will report in total taxable benefits as a result of the above information? (Round your answer to the nearest dollar, and apply tax rules for 2020.)


Definitions:

Ethnic Groups

Groups of people who share a common culture, language, ancestry, or other social characteristics.

White

Pertains to a racial classification and social identity typically associated with people of European descent.

Genocide

The calculated and methodical elimination of a community distinguished by its national, racial, political or cultural distinctions.

Tutsi Minority

An ethnic group that forms a minority of the population in Rwanda and Burundi, historically playing a significant role in the social and political dynamics of these countries.

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