Tag archives for taxes

New Federal Taxes

January 18th, 2017 | Posted by Admin in News

What is FET on Charter Flights, and how has it changed for 2017? From the NBAA Federal Tax Guide: All business aircraft operators, private and commercial, are required to pay Federal Excise Tax (FET) on the transportation of persons or property by air. Federal Excise Tax can be determined as a percentage tax on the amounts paid forRead the Rest