Where the employee receiving such benefits is a director of the company concerned, the benefits are taxable regardless of the level of remuneration. The liability to tax also applies in respect of benefits provided by an employer for a member or members of an employee's family or household.
Federal Acquisition Regulation (FAR) Federal Acquisition Regulation (FAR) is the body of laws that govern the U.S. Federal Government's procurement process.
This regulation establishes policies and procedures required to implement, maintain, and operate a Government Purchase Card (GPC) Program within the Department of the Army. Applicability. This regulation applies to the Active Army, the Army National Guard of the United Status (ARNGUS), and the U.S. Army Reserve (USAR).