FET tax holiday extension for private jet flights unlikely

FET tax holiday

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).

Exec1 Aviation offers a different take on 2021 FET-free flights

Exec1 Aviation

The Iowa-based light jet operator is offering a new look with how it is implementing the CARES Act to save money for its customers

Exec1 Aviation is taking a different approach to the Federal Excise Tax holiday from the CARES Act.

Who’s offering buy now, fly FET-free jet card discounts for 2021 and beyond

aircraft specific jet cards

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.

Jet Card programs make pricing and policy updates in response to COVID-19

compare jet cards 2020

Both the Coronavirus pandemic and the CARES Act waiving the 7.5% Federal Excise Tax are impacting jet membership costs and terms

(Updated Nov. 20, 2020) To say the past month and a half has been a roller coaster for private aviation would be an understatement.

March started with high hopes. A spike in requests from first-timers who wanted to get to second homes or relocate family members kept activity close to normal.

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