Private Jet Tax Deduction 2025. In the 2022 tax year, that figure increases to $300. Similarly, new owners will want to ensure tax efficient structuring for any new jet purchase, as well as maintenance of accurate tracking and tax reporting systems for business.


Private Jet Tax Deduction 2025

The white house on 11 march called for a “crackdown on a corporate jet funding loophole” by raising surcharge taxes on private jets from $0.22 per gallon of jet fuel to $1.06 per gallon. 2022 was the last year new private jet owners could deduct 100% of their purchase.

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