COURT RULES NETJETS MUST COLLECT TAX

The United States Court of Appeals for the Federal District has ruled that Executive Jet Aviation must collect a 10-percent federal excise tax for commercial transportation on the hourly fee the company charges NetJets owners for aircraft usage. The ruling caps a fight between EJA and the IRS that...

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.