Golf, Private Jets, and Executive Perks: Where Are the IRS and SEC?

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Excellent article in this weekend's Wall Street Journal: JetGreen: The CEO's Private Golf Shuttle; Corporate Planes, Meant to Save Time, Also Ferry Executives to Top Courses. The reporter (Mark Maremont) compared USGA golf handicap records available on the Internet (which list rounds played by golfers at particular courses and their scores) with flight records from commercial aviation services to track how often CEOs used corporate jets to ferry them on golf excursions. (See the chart here showing golf trips of eight CEOs to courses like Augusta National.) The article notes that SEC and IRS rules encourage this perk:

Read the rest of the story HERE:




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