IRS Resolves FET Audit Issue, NATA Says

The U.S. Internal Revenue Service will no longer pursue existing audits seeking assessment of commercial-transportation excise taxes on fees paid for aircraft-management services, the agency told the National Air Transportation Association (NATA). The IRS informed the NATA it is in the process of...
Molly McMillin

Molly McMillin, a 25-year aviation journalist, is managing editor of business aviation for the Aviation Week Network and editor-in-chief of The Weekly of Business Aviation, an Aviation Week market intelligence report.

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