SIFL Rates for First Half of 2015

The Department of Transportation has released the applicable terminal charge and standard industry fare level (SIFL) mileage rates for January 1, 2015, through June 30, 2015. These rates will be used by the IRS to determine the value of noncommercial flights on employer-provided aircraft. The terminal charge is $45.52. The SIFL rates are $.2490 per mile for the first 500 miles; $.1898 per mile for 501 miles through 1,500 miles; and $.1825 per mile for miles over 1,500.

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