Reimbursement & Payment
Maximum per-km reimbursement rate the policy allows, often aligned with the IRS/HMRC/SAT benchmark.
A rate cap is the highest per-km rate company policy allows. Paying above the IRS/HMRC benchmark makes the excess taxable, so many employers set the cap at exactly the published rate. Brazil has no statutory rate, so the cap is an internal decision calibrated to the average vehicle's cost.