An ongoing tax dispute between the Internal Revenue Service (IRS) and NetJets is growing over an apparent effort by the agency to expand the application of the commercial ticket tax on fractional flights and management fees. The IRS recently filed a countersuit against NetJets seeking $366 million in unpaid taxes, interest and fees. The IRS filed the countersuit late last month in the U.S. District Court for the Southern District of Ohio, claiming NetJets “has failed, neglected, or ...
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