Finanse publiczne · 01/08/2012

Deductions for Entertainment Use of Business Aircraft

The IRS has released final regulations governing the use of business aircraft for entertainment purposes, affecting taxpayers who deduct expenses for entertainment provided to specified individuals, and reflecting statutory amendments under the American Jobs Creation Act of 2004 and the Gulf Opportunity Zone Act of 2005.

Source: Federal Register — Department of the TreasuryOpen original release →

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