Technically, that's not your management. That's our government. CEOs who use the corporate jet for personal travel are also taxed like you are. The difference being, payroll grosses up the check so that they are really not paying out of their own pocket......Some loophole there, or just "PLANE" abuse.... (I couldn't resist that pun).bluetoad said:They do charge for non-reving. We get a 1099 at the end of the year and have to pay tax on that amount.
I'm curious - what fare(s) are they charging you on the 1099? For example, if you flew 5 PHL-LAX roundtrips, do they tax you on discounted fare of about $300x5 or full Y @ $2000x5?