**CLIENT ALERT**
NetJets Federal Excise Tax Litigation Opinion
January 28, 2015
By:
On January 26, 2015, the United States District Court for the Southern District of Ohio issued an Opinion and Order in NetJets Large Aircraft, Inc., et al., v. United States and addressed several issues relating to the application of Federal Excise Tax to business aircraft operations. The attached Client Alert summarizes the guidance provided in the Opinion and Order.
