Wednesday, 24 April 2013

Private Jet Owners Would Start Paying Luxury Tax.

It has been confirmed that private Jet owners and operators would be made to pay a luxury tax. This policy is currently been drafted by the government. In the proposed general aviation policy, the government is also planning to stop private jet owners from making use of the Air Operators Certificate which is a permit that allows aircraft owners and operators to do commercial flights. All private jets coming into the country must either come with an AOC and be mandated to pay ticket sales charge and passenger service charge, or they stay under private category and pay luxury tax. Once you are flying within the country for some time, you must fall into one of the categories.

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