Commuter Highway Vehicle

Commuter Highway Vehicle means:
a highway vehicle that has a seating capacity of at least six adults. Further, at least 80% of the use of the vehicle must be for transporting employees between their residences and their places of employment. Use of such a vehicle by an employee is a qualified fringe benefit received by the employee; up to $60 per month worth of service can be excluded by employees. Former IRC (check if this IRC provision is current here) § 132(f).

See also other Tax Terms and Definitions in U.S.A.

Fringe benefit.