The U.S. Department of Transportation, as reported by the National Business Aviation Association, has recently revised the SIFL rates for the six-month period from Jan. 1, 2011 to June 30, 2011.

This information is necessary when applying the IRS’ aircraft valuation formula to compute the value of non-business transportation aboard employer-provided aircraft. This is required under IRS Section 1.61-21(g). For additional information see the National Business Aviation Association website at

Mileage Range                                      Amount Per Mile

0 - 500 Miles                                          $0.2237

501 - 1,500 Miles                                 $0.1706  

Over 1,500 Miles                                  $0.1640

Terminal Charge                                 $40.90