Rev. Proc. 70-12

Revenue Procedure 64-15, C.B. 1964-1 (Part 1), 676, prescribes a standard mileage rate that taxpayers may use in computing the deductible portion of their cost of operating an automobile for transportation in connection with rendering gratuitous services to a charitable organization under section 170 of the Internal Revenue Code of 1954 and for transportation for medical care under section 213 of the Code.

Taxpayers using the standard mileage rate for computing the allowable deduction for their cost of transportation by automobile under sections 170 and 213 of the Code may, in addition, deduct as separate items the costs incurred for parking fees and tolls attributable to such transportation.

Revenue Procedure 64-15 is hereby amplified.