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.
After an emergency, such as a hurricane or tornado, gas stations may raise gas prices to levels that are very high, unreasonable, and unfair. This is called price gouging and it is illegal. If you believe that you are a victim of price gouging, contact your state attorney general. Back to Top.