Originally Posted by
GogglesPisano
Re: The new Secondary Companion. We pay imputed income on the value of the ticket. So if the ticket costs $1,000, does this amount get added to our income for taxation purposes? (Meaning potentially a $330 or so tax increase when it all washes out?)
Does it matter what cabin the companion occupies or is it basic economy? It would be pricey if we're talking about a $15,000 D1 R/T ticket.
You can view yield fare for a specific flight using travelnet. I just looked up Heathrow for today out of ATL. Yield fare was $111. That $111 is added to your paycheck as income and you are taxed at your marginal tax rate. So, effectively, it's $40-$60. I think that's basically how it works. I'm pretty sure it doesn't matter where the person sits.