MWV » Topics » Miscellaneous Relocation Expense Allowance

This excerpt taken from the MWV 8-K filed Apr 27, 2006.

Miscellaneous Relocation Expense Allowance

The Company recognizes that you may incur various miscellaneous expenses during the relocation process that are not covered elsewhere in this policy. Therefore, the Company will provide you with a lump sum allowance equal to one month’s new base salary, up to a maximum of $10,000. The Miscellaneous Expense Allowance is subject to required federal, state and local tax withholding and will not be tax assisted by the company.

This allowance will be approved by GMAC GRS and sent to the MeadWestvaco payroll department for payment when you have scheduled your household goods shipment to your new permanent residence.

Use of the allowance is at your discretion and no receipts are required; however, it is typically used for:


•      Automobile registration, title, sales and transfer tax


•      Utility deposits


•      House cleaning (new or old location)


•      Non-refundable tuition, memberships, club dues or subscriptions


•      Piano tuning


•      Driver’s license fees


•      Telephone installation


•      Cable and utility hookups


•      Carpet and drapery refitting or purchase


•      Trash removal


•      Change of locks


•      Gratuities to movers and service people


•      Tax consulting


This list is not meant to be all-inclusive, but an example of the various items that the allowance is typically used for. Even though you do not need to account for the funds used, it is recommended that you retain all receipts for tax purposes.

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