Thread: SkyWest ?’s
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Old 01-13-2021 | 08:20 PM
  #1508  
captive apple
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Originally Posted by LoneStar32

An interesting point to consider though. When a regional pays for your ATP/CTP it is not totally free. You do have to pay taxes on that payment. For me that was ~$1200 come tax time that I had to pony up for that class. If you pay for that class yourself, obviously you will not owe any taxes on that. So the real cost of CTP/ATP if you pay your own way is the total cost minus the taxes you would have had to pay if you were sponsored.
What tax are you paying? A sales tax? Or an imputed income maybe?
Either way if you step back you’ll see that you may have had to pay taxes on the value of non-monetary compensation while in the other hand if you bought the same service with your own wallet, it would have been done with income that had already been taxed. Plus then you’d have a sales tax to pay as well depending. If that makes sense.
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