FAVRFixed And Variable Rates (insurance)
FAVRFriends Aware of Violent Relationships (Fond du Lac, WI)
References in periodicals archive ?
The FAVR allowance must be based on data derived from the employee's locality, reflect prices paid by the employee and represent the actual expenses an owner would incur.
In constructing a FAVR allowance, the employer must project employee business use of at least 6,250 miles, maximum business use at 75% of total miles and a maximum automobile cost of $26,900.
For 1993, the FAVR allowance can be based on the costs associated with a standard auto that costs no more than $23,900 (up from $22,500).