Frequent Flyer Awards as Taxable Income: Time to Pay the Tax Man

Authors

Sharon Alice Pouzar

Publication Date

10-1-1998

Document Type

Comment

Abstract

This Comment will argue the Service's position should shift to aggressively collect all applicable taxes on frequent flyer benefits. Part I of this Comment provides a brief overview of the frequent flyer phenomena. Part II analyzes whether frequent flyer benefits are taxable income or excluded from income. Part III proposes a method both to value the benefits earned and to establish the timing of the event. The Conclusion calls for aggressive enforcement of the collection of income taxes on qualifying transactions.

DOI

10.37419/TWLR.V5.I1.3

First Page

55

Last Page

78

Recommended Citation

Sharon A. Pouzar, Frequent Flyer Awards as Taxable Income: Time to Pay the Tax Man, 5 Tex. Wesleyan L. Rev. 55 (1998).
Available at: https://doi.org/10.37419/TWLR.V5.I1.3