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December 31, 2012

IRS Adjusts 2013 FET Rates For Inflation

The Internal Revenue Service (IRS) announced inflation adjustments to the federal excise tax (FET) rates on air transportation for 2013. The adjusted rates are:

• Percentage Tax - 7.5%

• Domestic Segment Fee - $3.90

• International Arrival/Departure Head Tax - $17.20

• Hawaii/Alaska Flight Tax - $8.60

The adjusted rates are effective for air transportation taken starting January 1, 2013.

Posted by Greg

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