§4281 — Small aircraft on nonestablished lines
10 cases·10 cited
Statute Text — 26 U.S.C. §4281
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.
Treasury Regulations
- Treas. Reg. §Treas. Reg. §49.4281-1 Small aircraft on nonestablished lines
- Treas. Reg. §Treas. Reg. §49.4281-1(a) In general.
- Treas. Reg. §Treas. Reg. §49.4281-1(b) Maximum certificated takeoff weight.
- Treas. Reg. §Treas. Reg. §49.4281-1(c) Established line.
- Treas. Reg. §Treas. Reg. §49.4281-1(d) Jet aircraft.
- Treas. Reg. §Treas. Reg. §49.4281-1(e) Applicability date.
10 Citing Cases
(B) Treatment ofcertain plan amendments.--For purposes ofsubparagraph (A), a plan amendment which has the effect of-- (i) eliminating or reducing an early retirement benefit or a retirement-type subsidy (as defined in regulations), or (continued...) - 11 - [*11] Petitioners request in their petition that we enter a declaratoryjudgment that the Plan "is not a qualified plan by virtue ofthe adoption ofAmendment #2 on May 27, 2008, notwithstanding the determination ofthe Commissioner to the contra
(B) Treatment of certain plan amendments.-- For purposes of subparagraph (A), a plan amendment which has the effect of-- (i) eliminating or reducing an early retirement benefit or a retirement-type subsidy (as defined in regulations), or (ii) eliminating an optional form of benefit, with respect to benefits attributable to service before the amendment shall be treated as reducing accrued benefits.
(B) Treatment of certain plan amendments.--For purposes of subparagraph (A), a plan amendment which has the effect of-- (i) eliminating or reducing an early retirement benefit or a retirement-type subsidy (as defined in regulations)[3], or 3 There is no definition of "retirement-type subsidy" in the regulations.