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IRS 2008 Standard Mileage Rate Increase
We received the following from AT&T.
In Unity,
Ralph V. Maly, Jr.
Vice President
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June 30, 2008
Mr. R. V. Maly, Jr., Vice President, CWA
Ms. M. J. Pultar, Director of Telecommunications, IBEW
Mr. P.A. Pusateri, Chairman, System Council T-3, IBEW
Re: IRS 2008 Standard Mileage Rate Increase for Occupational Represented Employees covered under the 2005 Legacy AT&T, CWA, IBEW Collective Bargaining Agreements
The IRS has announced that effective July 1, 2008, the standard mileage rate for the cost of driving a vehicle for business purposes will increase from 50.5 to 58.5 cents per mile.
The AT&T mileage rate for business travel for CWA and IBEW represented employees will reflect the IRS rate of 58.5 cents per mile beginning July 1, 2008.
Regards,
Lori J. Smith
cc: D. Bradley