Originally Posted by
gloopy
I think that means they'd calculate the buddy pass yield fare and then instead of charging that to the employee, they'd put that amount into income for the purpose of taxing it. So a $200 fee would be treated like $200 of income and you'd pay whatever taxes you'd owe for that amount in conjunction with the rest of your income etc.
Yield fares are different than imputed income. You can see how much a yield fare is on Travelnet. Usually it's like 10% of the Y class fare for that date. Sometimes, it's not much more expensive to buy a basic economy fare at a discount.