Vehicle Ownership

by Sharon
(Calgary)

Vehicle ownership is not the same as vehicle use

Vehicle ownership is not the same as vehicle use

Have you ever heard of a vehicle for the company owned 50% by the corporation and 50% personal?



section divider



No can't say that I have Sharon.

What I would normally see is a vehicle personally owned and used 50% for business ... whether the business is incorporated or not ... or a company owned vehicle that is used 50% for personal use. Neither of these are the same thing as co-ownership though.

If I were you, I'd look at license registration. It will tell you who the registered owner or owners is/are.

The options I am aware are found here ...

Click here to post comments

Return to Self-Employed Bookkeepers.

Enjoy A Tea Break With
Me Today. Let's Chat!

Use the search feature to quickly find the
information you're looking for.



SHORTEN
Your Learning Curve!

 



Join Me On Facebook

Help support this site by "liking" me! Here's where I post current information.

Listed Under Websites NOT Local Business.
This website is NOT associated with the business operating in Bonnyville AB.


A Handy Reference