IRS Clamps Down on Bizav Perks | Aviation International News

Regulations and Government

IRS Clamps Down on Bizav Perks

By AIN Staff • AIN Staff

September 2, 2012

Owners and operators of business aircraft were disappointed last month when the IRS issued final regulations disallowing certain deductions for “entertainment” use of company aircraft.

The provisions were originally contained in the “American Jobs Creation Act of 2004.”

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