The business standard mileage rate increased from 51 cents-per-mile to 55.5 cents-per mile for the second half of 2011. For 2012, the business standard mileage rate will be 55.5 cents-per-mile, which reflects no change from the second half of 2011.Other Rates. For 2012, the standard mileage rate for medical and moving expenses will be 23 cents-per-mile, reflecting a 0.5 cents-per-mile reduction from 2011.The statutorily-determined rate for the charitable deduction remains unchanged at 14 cents-per-mile for 2012.he business standard mileage rate, which many employers use to reimburse employees for business miles driven, is 55.5 cents-per-mile for 2012, the IRS has announced. This reflects no change from the second half of 2011.
Price Fixing. Price fixing is an agreement (written, verbal, or inferred from conduct) among competitors that raises, lowers, or stabilizes prices or competitive terms. Generally, the antitrust laws require that each company establish prices and other terms on its own, without agreeing with a competitor.
Related Articles. 2 [Fixed Price Vs Cost] | Fixed Price Vs. 3 [Fixed Price Contract] | What Is a Fixed Price Contract in Construction? A buyer and seller enter a fixed-price contract by agreeing on the final cost of a good or service, which is set by the contract both parties sign and agree to honor. The length of time that the fixed price lasts depends on the terms of the contract.