Publication 553 |
2000 Tax Year |
2001 Changes
Air Transportation Taxes Increased
For transportation beginning in 2001, the tax on transportation of
persons by air is increased to $2.75 for each domestic segment. The
percentage tax remains at 7.5%.
For 2001, the tax on the use of international air travel facilities
will be $12.80 for both arrivals and departures. For air
transportation between the continental United States and Alaska or
Hawaii, or between Alaska and Hawaii, the tax on departures will be
$6.40.
See Publication 510,
Excise Taxes for 2001, for more
information on air transportation taxes.
Luxury Tax Reduced
For 2001, the luxury tax on a passenger vehicle is reduced to 4% of
the amount of the sales price that exceeds the base amount. The base
amount for 2001 is $38,000.
See Publication 510
for more information on the luxury tax.
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