NBAA Personal Use of Business Aircraft Handbook (May 2009 Update) 1 This NBAA publication is intended to provide Members with an introduction to the tax rules and. Use the secure, online application to secure your exhibit space at NBAA Regional Forums. Explore; Log in; Create new account; Upload ×.

PERSONAL USE OF CORPORATE AIRCRAFT On occasion a company’s aircraft may be used for non-business use. Of course this is purely a hypothetical situation because as we all know company aircraft are always used for business. Make Microsoft Windows Xp Pro Sp3 32bit Genuine Chevrolet. But in case you ever encounter this situation, the IRS has rules on how to handle it. These rules are intended to be used by the taxpayer to determine when transportation is taxable and the fair market value. Once the value has been determined the dollar amount can either be considered additional gross income, or the employee can pay that amount, according the IRS. Microvellum Toolbox Keygen Free here. However, the Federal Aviation Regulations (FAR 91.501(b)(5)) strictly prohibit the reimbursement for personal transportation on a corporate aircraft.