The current standard industry fare level (SIFL) rates in effect from July through December 31 are: 0 to 500 sm–$0.1896; 501 to 1,500 sm–$0.1445; and more than 1,500 sm–$0.1390. The SIFL terminal charge is $34.66. SIFL fees are used to satisfy IRS requirements for operators to compute the value of non-business transportation aboard employer-supplied aircraft.
The Sifl and Olly Show
The current Standard Industry Fare Level (SIFL) rates in effect through June 30 are: 0 to 500 sm–$0.2031; 501 to 1,500 sm–$0.1548; and more than 1,500 sm–$0.1489. The SIFL terminal charge is $37.12. SIFL fees are used to satisfy IRS requirements for operators to compute the value of non-business transportation aboard employer-supplied aircraft.
The current standard-industry fare level (SIFL) rates (per mile) in effect through December 31 are: 0 to 500 mi–$0.2017; 501 to 1,500 mi–$0.1538; and more than 1,500 mi–$0.1479. The SIFL terminal charge is $36.88. SIFL fees are used to satisfy IRS requirements for operators to compute the value of non-business transportation aboard employer-supplied aircraft.
There is still a short time remaining to alert Congress about what NBAA calls “harmful” tax proposals in pending federal legislation.
The current Standard Industry Fare Level (SIFL) rates in effect from July 1 through December 31 are: 0 to 500 sm–$0.1926; 501 to 1,500 sm–$0.1469; and more than 1,500 sm–$0.1412. The SIFL terminal charge is $35.21. SIFL fees are used to satisfy IRS requirements for operators to compute the value of non-business transportation aboard employer-supplied aircraft.