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Acronymfinder

What does SIFL stand for?

SIFL stands for Standard Industry Fare Level (Civil Aeronautics Board)


This definition appears very rarely and is found in the following Acronym Finder categories:

  • Military and Government
  • Business, finance, etc.

See other meanings of SIFL

Other Resources:
We have 4 other definitions for SIFL in our Acronym Attic

Samples in periodicals archive:

Thus it is eligible for much more favorable treatment, using the standard industry fare level (SIFL) rates published by the IRS semiannually in combination with Treasury regulations section 1.
Under prior law, a company was allowed a full deduction for such use if the employee recognized in income an amount based on a fair market value (FMV) or standard industry fare level (SIFL) value that generally was significantly less than the deduction claimed.
2001), the Eighth Circuit sided with the taxpayer, allowing it to deduct the full cost of operating a private plane, even though executives making personal use of the plane had only the much lower standard industry fare level (SIFL)-based amount included as compensation.