Please ensure Javascript is enabled for purposes of website accessibility
Home / Law / IRS won’t impose retroactive ticket tax

IRS won’t impose retroactive ticket tax

Airlines will keep revenue they generated by raising fares

The Internal Revenue Service won’t collect retroactive taxes for airline tickets purchased during a lapse in the government’s taxing authority, agency spokesman Frank Keith said. Legislation to end a partial shutdown of the Federal Aviation Administration would reinstate the taxes retroactively to July 23, the day after they expired.

Leave a Reply

Your email address will not be published. Required fields are marked *

*