Regulations and Government
House Panel Approves Management Fee Tax Relief Bill
The bill comes as industry has long awaited more permanent guidance from IRS.

The U.S. House Ways and Means Committee yesterday approved by voice vote a bill that clarifies that aircraft management fees are not subject to the 7.5-percent air transportation tax. Sponsored by Rep. Pat Tiberi (R-Ohio), H.R.3608 was among a number of tax measures cleared by the committee during a meeting yesterday afternoon.


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