Reimbursement of Employee for Cost of Owner's Title Insurance Policy
B-161459
Nov 23, 1977
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Highlights
An Internal Revenue Service Certifying Officer, requested a decision concerning reimbursement for a transferred employee's cost in procuring an owner's title insurance policy in conjunction with purchase of a residence. The employee was required to purchase mortgage title insurance which was reimbursable, but the difference in cost for purchase of the owner's title insurance was not allowed.