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Developing guidelines on personal use of employer provided aircraft, and compliance with SIFL requirements

With heightened shareholder scrutiny on the personal use of corporate aircraft and rules created by the Jobs Creation Act of 2004, we receive calls daily from our clients seeking advice and guidance. By virtue of the firm's leadership in federal tax issues with the National Business Aircraft Association and other industry trade associations, we are able to shape and direct the evolving thoughts and strategies. Simply put, we are well positioned to provide forward thinking advice and implement workable plans. Again, the powerhouse of federal tax expertise in the Business Aircraft Group at GKGF&S outpaces our competitors.

The following articles provide additional information on this topic.

Maximizing Corporate Aircraft Deductions

Personal Use of Corporate Aircraft: Loss of Tax Write-Off's

IRS Publishes Guidance for Calculating Disallowance of Expense Deductions
for Recreational Use of Corporate Aircraft

Reimbursement for Personal Use of a Business Aircraft: The FAA vs. The IRS

Maximizing Federal Tax Deductibility of Aircraft Operating Expenses

Deducting Expenses Relating to Employee Use of Corporate Aircraft

Charging for use of Corporate Aircraft: Federal Excise Taxes

Is Getting an FAA Charter Certificate for You?


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Galland, Kharasch, Greenberg, Fellman & Swirsky, P.C. • Phone: (202) 342-5251 • Fax: (202) 965-5725 • info@aviationtaxlawyer.com
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