Go Back  Airline Pilot Central Forums > Airline Pilot Forums > Fractional > NetJets
IRS & FET on NetJets & other fractionals >

IRS & FET on NetJets & other fractionals

Search
Notices
NetJets Fractional Operator

IRS & FET on NetJets & other fractionals

Thread Tools
 
Search this Thread
 
Old 03-02-2015, 05:49 PM
  #1  
Line Holder
Thread Starter
 
Redeyz's Avatar
 
Joined APC: Jan 2013
Position: 757 Capt
Posts: 63
Default IRS & FET on NetJets & other fractionals

I read the following article and others concerning Fractionals and the Federal Excise Tax (FET) that the IRS is pursuing.

NetJets Prevails in Lawsuit against IRS | Business Aviation: Aviation International News


With some 20 years in the business (and getting the screw from the IRS) I'm very skeptical that the IRS will back off of this topic. With the govt deeply in debt, they get pretty scrappy foraging for more sources of nuts.

With margins on aviation relatively thin to begin with, I would imagine this could garner much attention from fractional owners and the management companies that manage them.

Ideas?
Redeyz is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Sata 4000 RP
NetJets
0
06-03-2013 10:44 AM
BizPilot
NetJets
7
04-13-2012 11:17 PM
jetlag7
NetJets
13
11-08-2010 04:11 PM
flyingfalcon401
Fractional
28
07-21-2007 11:47 AM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices