135 Administrative Questions
11-11-2008, 08:12 AM
#1
Line Holder
Thread Starter
Joined APC: Sep 2008
Position: LJ24 SIC
Posts: 95
135 Administrative Questions
Hey guys,
I have a few questions I hope to get answered about 135 ops.
Do any of you know:
Where/When/How do you pay the 7.5% federal excise tax on aircraft charters? domestic segment fee?
Do you pay a domestic segment fee per leg on aircraft under 6000#?
Do you pay a domestic segment fee on cargo operations?
Thanks guys.
-poc
I have a few questions I hope to get answered about 135 ops.
Do any of you know:
Where/When/How do you pay the 7.5% federal excise tax on aircraft charters? domestic segment fee?
Do you pay a domestic segment fee per leg on aircraft under 6000#?
Do you pay a domestic segment fee on cargo operations?
Thanks guys.
-poc
Last edited by ProceedOnCourse; 11-11-2008 at 02:22 PM.
11-11-2008, 11:01 AM
#2
Flying Farmer
Joined APC: Jul 2006
Position: Turbo-props' and John Deere's
Posts: 3,160
When you pay excise is aircraft greater than 6,000lbs, that's why Eclipse was trying to keep it under that mark. C421's have that fee attached when I worked at my old job. The fee was attached directly to the bid. Say the trip was 550nm round trip @ $3.41/nm. Your charge would be $1875.50 + $140.66 in excise tax. Now if you have a "in position" leg and "empty" legs, I honestly don't know if you can get out of those or not. As far as I knew, we just charged for the whole trip regardless, and then there's no questions. I'm just a pilot, and never did the bookwork, but I did use our quote system and it just ties it all in.
11-22-2008, 07:51 PM
#5
Gets Weekends Off
Joined APC: Nov 2008
Position: Just a broker now.
Posts: 309
FET on freight is 6.25% on all a/c with a MTOW of 6,000 lbs. or more. My guess is to just cut a cheque to the IRS. I've never really asked that question...I will get with accounting on Monday and find out. lol
12-08-2008, 12:33 PM
#8
Line Holder
Joined APC: Jun 2008
Posts: 75
Naww, it's not that easy. If I recall, there is language of "paying 13 days after the first semi-quarter" blah blah. I was in business 14 years and never did fully understand it. So, I just paid it by the 7th day after the month I did the trip. Was usually paying it early, but never got into trouble.
And be careful, if you bill catering as a line item, you need to include that in the 7 1/2 percent. I didn't and got bit.
Learguy
And be careful, if you bill catering as a line item, you need to include that in the 7 1/2 percent. I didn't and got bit.
Learguy
12-09-2008, 04:18 AM
#9
Line Holder
Joined APC: Nov 2008
Posts: 28
Basically you pay every 14 days, you need to tax anything you invoice overnight fees catering, fuel surcharges everything and anything that is on that invoice that is not a government fee with 7.5% for domestic flights plus you add 3.5per leg per person. If you are traveling out of the country it simple it is just 15.4per person no percentage tax or segment fee... if you have any additional questions feel free to pm.
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