The federal Coronavirus Aid, Relief, and Economic Security Act (CARES Act) is now suspending Federal Excise Tax for Part 135 jet charter operators. That means a big savings for our customers who fly with RAI Jets, now through January 1, 2021.
The tax break applies to:
- Flights taken between March 27, 2020 and January 1, 2021
- The 7.5% tax on amounts paid, applicable domestic and international segment fees
- The 6.25% tax on air transportation of property