Congress is affecting private flyers

Congress has affected private flyers. Congress passed the 2020 Coronavirus Aid, Relief, and Economic Security (CARES) Act (P.L. 116-136) includes tax provisions that affect business aircraft operators. This affecting private flyers indirectly. Operators will experience a tax holiday extending until the end of the calendar year 2020. The Federal Excise Tax (FET) does not need…

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