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Definition | : | Personal Use of a Company Car |
Category | : | Business » Business Terms |
Country/ Region |
: | United States
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Popularity | : |
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Type | : |
Initialism
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Personal Use of a Company Car (PUCC) is when an employee uses a company car for personal purposes.
The value of an employee’s personal use of a company vehicle is a taxable noncash fringe benefit treated as noncash compensation paid to the employee.
Pollution Under Control Certificate
Rules & Regulations
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The full form of PUCC is Personal Use of a Company Car