A top executive from the National Business Aviation Association says don’t expect the Federal Excise Tax holiday to be extended
Congressional leaders in Washington D.C. are still trying to work out additional relief for companies and individuals impacted by the COVID-19 pandemic. Don’t expect an extension of the holiday for the 7.5% Federal Excise Tax (FET).
Here’s an updated listed of the jet card sellers that are offering future tax savings if you buy a jet card before the end of the year
Well, more and more private jet card sellers are concluding that if you buy a jet card before the end of the year, your funds will fly you tax-free in 2021 and beyond – either until your card or the funds expire.
Sentient is the latest jet card provider to tell customers cards purchased through year’s end will save the 7.5% Federal Excise Tax for flights until funds are used
If you fly with Sentient Jet or are considering buying a jet card before the end of the year, the unit of Directional Aviation’s OneSky Flight unit is the latest provider to offer tax savings beyond the current expiration of the CARES Act, scheduled for Dec. 31, 2020.
NetJets, Nicholas Air, Jets.com, Airstream Jets, and Magellan Jets have previously said they would extend the tax benefit, a savings of 7.5% for domestic flights, and those that start or end within 220 miles of the U.S. northern and southern borders, for the life of the cards they sell.
The jet card broker offers a unique mileage-based pricing system for its Distance Card
Florida-based jet card broker Airstream Jets is offering discounts and upgrades for new customers who buy its Distance Card jet card during October.
Guidance from the IRS infers if you buy a Jet Card now, you can save the 7.5% Federal Excise Tax for flights next year, maybe
(Updated Oct. 23, 2020) Get ready for a possible flood of email offers from private jet companies. The offer is to buy a jet card now for flights in 2021 and beyond. The goal is to save the 7.5% Federal Excise Tax for those post-New Year’s trips.
As part of the CARES Act, the collection of the tax is suspended through Dec. 31, 2020. Unless new legislation is put into place, it will snap back into effect on Jan. 1, 2021. The tax applies to domestic flights and those that begin or end within 225-miles of the Canadian and Mexican borders.
The Florida-based jet card broker uses mileage instead of minutes to calculate flight time
Jet card and on-demand private jet charter broker Airstream Jets is making two bonus offers valid for the month of July.
The boutique 5-star luxury resort group is partnering with the Florida-based jet card and on-demand private jet charter broker
Airstream Jets, which uses mileage, as opposed to minutes to price its Distance Card jet card, has partnered with Auberge Resorts.
Airstream clients get a $5,000 discount on a charter in conjunction with a booking at Auberge Resorts. Alternatively, you can get a $1,000 discount on a Distance Card purchase.