Golf, Private Jets, and Executive Perks: Where Are the IRS and SEC?Quicklink submitted by Amanda Lang Permalink
Become a Fan
|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:|
The time limit for entering new comments on this Quicklink has expired.
This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.