IRS, NetJets Lawsuits Question Managed Fee Taxes

An ongoing tax dispute between the Internal Revenue Service (IRS) and NetJets is expanding over an apparent effort by the agency to assess the commercial ticket tax on management fees. The IRS recently filed a countersuit against NetJets seeking $366 million in unpaid taxes, interest and fees. The...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.