Noncommercial Aviation [Internal Revenue] Law and Legal Definition
Pursuant to 26 CFR 48.4041-8 (j) [Title 26 Internal Revenue; Chapter I Internal Revenue Service, Department of the Treasury; Subchapter D Miscellaneous Excise Taxes; Part 48 Manufacturers and Retailers Excise Taxes; Subpart F Special Fuels], the term Noncommercial Aviation means “any use of an aircraft, other than in a business of transporting persons or property for compensation or hire by air. The term also includes any use of an aircraft, in a business described in the preceding sentence, which is properly allocable to any transportation exempt from taxes imposed by sections 4261 [26 USCS § 4261] (transportation of persons) and 4271 [26 USCS § 4271] (transportation of property) by reason of section 4281 [26 USCS § 4281] (use of small aircraft on nonestablished lines) or 4282 [26 USCS § 4282] (transportation of members of affiliated group).”
Legal Definition list
- Noncommercial Aviation [Internal Revenue]
- Noncombatant Service
- Nonclinical Laboratory Study
- Noncash Item
- Noncancellable Life, Health, or Accident Insurance Policy [Internal Revenue]
- Noncommercial Education Broadcasting Entities
- Noncommercial Educational Broadcast Station
- Noncommercial Licensee [Patents]
- Noncommercial Scientific Institution
- Noncommercial Telecommunications Entity
- Noncommercial Webcaster [Patents]
Related Legal Terms
- Accumulation plan [Internal Revenue]
- Actuarial Present Value [Internal Revenue]
- Aircraft Gross Weight [Aviation Law]
- Airport Revenue [Aeronautics and Space]
- All Substantial Rights to a Patent [Internal Revenue]
- Alternate Payee [Internal Revenue]
- Appliance Aviation
- Approved Terminal or Refinery [Internal Revenue]
- Architectural and Transportation Barrier Removal Expenses [Internal Revenue]
- Audits Internal
