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Flexjet Predecessor Must Pay $24M In Excise Taxes On Fees

By Anna Scott Farrell ( May 29, 2025, 4:44 PM EDT) -- An aviation company whose customers pay to share private jets owes $24 million in excise taxes under an Ohio federal court ruling that found the Internal Revenue Service gave the company precise guidance that it was required to collect taxes from its customers on monthly management fees....

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