Special Report
August 2009 -
Aircraft Use Reimbursements and Charges: Understanding the Regulatory Requirements
Topic Description: This article provides an analysis of the Federal Aviation Administration (FAA), Internal Revenue Service (IRS), and Securities and Exchange Commission (SEC) regulations regarding charges and reimbursements for noncommercial or private business aircraft use. Given that many companies have adopted aircraft use as an effective tool to increase productivity, efficiency, and security, it is extremely important that companies properly charge for the aircraft use to avoid violating federal law.
Authors: David M. Hernandez
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