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Federal Excise Tax Changes For Charter

Effective January 19, 2021, new tax regulations clarify how the charter industry should address the Commercial Aviation Federal Excise Tax (“FET”) with managed aircraft. The new regulations will give the charter industry a new sales tool:  charter flights for owners in their own aircraft will not be subject to FET. 

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Sharing Aircraft Under FAR Part 91

For U.S. Operators, charging someone for a ride in the company jet is a subject thick with claims and counterclaims, ignorance and outright bad behavior.  The arguments are old, but some of the consequences are new.  Today, the IRS may be more likely than the FAA to punish practitioners of

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