iThe U.S. Department of Transportation, as reported by the National Business Aviation Association, has released the SIFL rates for the six-month period from Jan. 1, 2012 to June 30, 2012.
This information is necessary when applying the IRS' aircraft valuation formula to compute the value of non-business transportation aboard employer-provided aircraft as required under IRS Section 1.61-21(g). For additional information, see the National Business Aviation Association website at www.nbaa.org. The rates are:
| Mileage Range | Amount Per Mile |
| 0-500 Miles | $0.2455 |
| 501-1,500 miles | $ 0.1872 |
| over 1,500 miles | $ 0.1800 |
| Terminal Charge | $ 44.88 |
