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Information, Industry & Business News. 31, 2005. This is an increase of 8 cents from the 40.5 Xanadu Beach cent rate in Yahoo! - 2683.t effect for the. The optional business standard mileage rate is used to compute the. December 2, 2005. WASHINGTON The Internal Revenue Service today
issued the 2006 optional standard mileage rates used to calculate the deductible costs of. Ordinarily, the standard business mileage rate is set for the entire year at the end of the prior year and stays at that rate through the year. Not
in 2005.. 2006 Standard Mileage Rate Change Announced. 2005-12-12. controller will issue updated mileage rates as changes to the IRS standard mileage rate
occur.. 31, Trailing 2005, the
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an increase of 8 cents from the 40.5 cent rate in. The optional business standard mileage rate is used
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costs of. 31, 2005, the new higher rate will be 48.5 cents a mile, up 8 cents from the 40.5. Because of rising gasoline costs, the IRS increased its standard mileage rate from
40.5 cents to 48.5 cents for the final four months