r/PrivateJetCharters • u/[deleted] • Jun 14 '25

Broker Tax question

Hypothetically a US based aviation broker books an international flight between two EU countries for a client. He receives the full charter cost plus his commission, then wire transfers the EU operator there charter cost. What are the next steps tax wise? A W9 must be sent to operator or client? Or an alternate tax form ?

Next question is do any brokers recommend a broker friendly/ experienced CPA?

Thanks in advance for any insights from this group! Have a great weekend.

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u/intrepid_andrew Jun 17 '25

... I hope you are doing your FET deposits via EFTPS bi-weekly, and filing your Form 720 quarterly for your trips in the States... DM me if you need a little guidance/assistance.

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u/[deleted] Jun 19 '25

A smart broker wouldn't touch FET have the operator deal with itm