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As with any business expense, corporate air travel (including air charter services) can be deducted at the corporate tax level and, if ownership is desired, depreciation is an available and appealing option. But, as outlined earlier, tax breaks are not the only benefit to using a private jet charter service or purchasing a private luxury jet for your business and or personal travel.
To summarize: Executives always have a need to make the most effective use of their time and resources to maximize productivity. There is a saying amongst a multitude of corporate aviation and private business travelers who firmly believe in the motto "NO PLANE, NO GAIN."
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