Airport Tax
Definition of 'Airport Tax'A tax levied on passengers for passing through an airport. The tax is generally paid for use of the airport, and is one of a number of taxes that are typically included in the price of an airline ticket. Often, the bulk of the fee is called the landing fee, paid by the aircraft and transferred to the customer via the ticket price, to land at a specific airport. These fees will vary greatly depending on the popularity of the airport. Revenue from airport taxes fund is used for facility maintenance. |
|
Investopedia explains 'Airport Tax'The amount of airport tax levied on a passenger depends on a number of factors, most prominently whether the flight is a domestic or international one. International flights typically carry a higher airport tax. Also, fees can range depending on several other factors, such as the size of the plane and time of day. |
Related Definitions
Articles Of Interest
-
Save On Planes, Trains And Automobiles
Getting to, and around, your travel destination doesn't need to break the bank. -
The Advantages Of Vacation Insurance
With a few simple policy additions you can protect your holiday plans from being ruined. -
Globetrotting On A Budget
Don't let a shoestring budget trip-up your vacation plans. -
Travel Smart By Planning How You'll Pay
With a little pre-trip planning, you can avoid being stranded without adequate funds. -
New Tax Rules Target The Top Tax Bracket
The American Taxpayer Relief Act brings about new tax rules for the wealthy that people such as Warren Buffett have been calling for over the last few years. -
The Financial Fallout Of The DOMA Repeal For Same-Sex Couples
The recent Supreme Court decision to repeal the Defense of Marriage Act has paved the way for same-sex couples to enjoy the same federal benefits as opposite-sex couples. -
Canadians: Smart Ways To Use Your Tax Refund
Taxes are an annoying annual chore akin to going to the dentist. Luckily, however, some of us get a nice tax refund after the process. It's important to use this refund wisely though, and Canadians ... -
Has Income Tax Become A Class Tax On The Poor?
With more than 33% of American families falling close to the poverty line despite their adult members holding full-time employment, a rising number of citizens are being forced to pay a rate ... -
Possible Effects Of The Online Retail Tax
The U.S. Senate has passed a bill that will impose a sales tax on online retailers. Discover how the Marketplace Fairness Act could affect your bottom line. -
How To Get The Most Out Of Hiring An Accountant
When you hire an accountant, getting good tax advice going forward is as valuable as – or perhaps even more valuable than - getting the previous year’s taxes filed correctly. Learn what you need ...
Free Annual Reports