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Balancing Charge
(redirected from Balancing Charges)

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Balancing Charge
The amount by which the sale price of an asset exceeds its written-down value. The written-down value is considered the actual value of the asset for tax purposes. As a result, a balancing charge is considered profit and is taxable.


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Consumers who choose to purchase competitors' tires from any other tire retailer (other than Firestone Tire and Service Centers and authorized Bridgestone/Firestone dealers) can be reimbursed for up to $100 per tire, including mounting and balancing charges and taxes.
Of extra or hidden charges such as balancing charges, nomination chargers, service feeds, and onerous late payment charges.
Customers will be reimbursed by Firestone up to $100 per tire, including taxes, mounting and balancing charges.
 
 
 
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