The Internal Revenue Service (IRS) announced inflation adjustments to the federal excise tax (FET) rates on air transportation for 2014. The adjusted rates are:
- Percentage Tax – 7.5%
- Domestic Segment Fee – $4.00
- International Arrival/Departure Head Tax – $17.50; and
- Hawaii/Alaska Flight Tax – $8.70
The adjusted rates are effective for air transportation taken starting January 1, 2014.