More Resources

Time To Pay Up

Frequent-flier miles will cost you . . .

Uncle Sam wants your miles: A federal excise tax on frequent-flier points may soon take a nibble out of your hard-earned travel bonus--if it hasn't already.

The tax on miles, passed in 1997, had been absorbed by many travel suppliers for its card members. Effective last fall, however, Sprint changed that policy. "This was a business decision," explains Sprint's corporate communications manager Elaina Boudreau. "We had to pass this cost we were incurring along to our customers."

Now MCI and many car rental companies have done the same thing. According to Sprint, its long-distance customers are charges $1 for every 1,000 frequent-flier miles they earn; the charge is based on the total number of miles awarded each month. For example, a customer who earns 250 miles in a month will acquire a Frequent Flyer Excise Charge of 25 cents.


Content Continues Below


Christopher Elliott is a writer in Annapolis, Maryland. Contact him at http://www.elliott.org

Contact Sources

MCI,http://www.wcom.com

Sprint,http://www.sprint.com


Marketplace

Learn how to distribute a press release

Try our new online printing. theupsstore.com/print
Today on Entrepreneur
Current Issue
Entrepreneur Connect
What makes a good client gift?
What guidelines do you follow when buying gifts for your clients? Have you ever received an unusual or inappropriate gift?
Resource Centers
Where Business Gets Done
Revisit the lost art of the meeting, the pitch, the presentation and the all important handshake to close the deal.

Insurance Center
Review your company's needs, save on workers' comp, protect your business from lawsuits and more.

Startup How-To Guides
Step-by-step guides to launching your business.

Commercial Vehicle Center
Get the right ride for your business.


Sign Up for the Latest in:
e-Business & Technology
Franchise News
Business Book Sampler
Starting a Business
Sales & Marketing
Growing a Business

E-mail*
Zip Code*