26 U.S.C. § 4281
§ 4281. Small aircraft on nonestablished lines
No plain-English explainer yet. Below is the official text. Explainers are being added section by section.
History
Added in 1970 by the Public Law 91-258. Last changed December 19, 2014 by the Tax Increase Prevention Act of 2014.
Every change, newest first (5)
- December 19, 2014Tax Increase Prevention Act of 2014
- February 14, 2012Public Law 112-95
- August 10, 2005Public Law 109-59
- September 3, 1982Tax Equity and Fiscal Responsibility Act of 1982
- May 21, 1970Public Law 91-258 · added this section
The law as written
Current through Public Law 119-102. Amendment notes omitted.
The taxes imposed by sections 4261 and 4271 shall not apply to transportation by an aircraft having a maximum certificated takeoff weight of 6,000 pounds or less, except when such aircraft is operated on an established line or when such aircraft is a jet aircraft.
For purposes of this section, the term “maximum certificated takeoff weight” means the maximum such weight contained in the type certificate or airworthiness certificate.
For purposes of this section, an aircraft shall not be considered as operated on an established line at any time during which such aircraft is being operated on a flight the sole purpose of which is sightseeing.
For purposes of this section, the term “jet aircraft” shall not include any aircraft which is a rotorcraft or propeller aircraft.