2020 CARES ACT TAX HOLIDAY
Enjoy a tax holiday in 2020 & well beyond.
Save the 7.5% Federal Excise Tax on Jet Travel Purchases between now and 12/31/2020.
Save Now, Fly Later
As part of the 2020 CARES Act to boost the economy, a tax holiday is in place through December 31, 2020, which suspends the collection of the Federal Excise Tax by the U.S. government on business aviation.
For the limited time remaining, companies and individuals who purchase jet time before the end of the year can fly at any time in 2020, 2021, and beyond tax-free. The tax holiday allows you to buy now and fly later.
Whether you fly once or twice or regularly throughout the year, don’t let this private jet travel benefit pass you by, save 7.5% on your future flights with Desert Jet.
Desert Jet Offers
- Refundable deposits. *Use your pre-purchased jet time whenever you’re ready.
- Dedicated Account Manager.
- Booking convenience saving you precious time.
- Full access to the Desert Jet fleet giving you flexibility on a trip by trip basis.
FET will not be charged on flights paid for with funds deposited on or before December 31, 2020. Not only can you get ahead of your 2020 holiday flying, you can also lock in long-term savings with the FET waiver from the CARES Act of 2020.
*Per the CARES Act (Section 4007), from March 28 through Dec. 31 of 2020, Federal Excise Tax (FET) will be waived at the time of purchase. For travel taking place after Dec. 31, 2020, no tax will be imposed on the purchase of the travel as long as the purchase occurs during the excise tax holiday. CARES Act savings subject to change pending any new legislation. SOURCE: IRS
Ready to learn more about the Tax Holiday? Call us today at (760) 399-1000.