The surprisingly strong foundation provided by references, regulations and rulings of the IRS. Yes, the IRS.
Think that Washington lawmakers and the Obama administration are the only folks taking a close look today at corporations’ use of business aircraft? Increased scrutiny of corporate aviation has long preceded the Big Three automakers’ now-infamous appearance on Capitol Hill in November 2008. Actually, Washington has been seething for years about excessive compensation and lavish perks for top corporate management, especially their use of business airplanes. Many people inside the Beltway ...
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