The IRS has published the Standard Industry Fare Level (SIFL) rates and terminal charges for the final six months of 2016 in Revenue Ruling 2016-24.
The rate is used to value employer provided aircraft flights under the base aircraft valuation formula found at Reg. §1.61-21(g)(7). Generally the value of the flight is computed as follows:
The table of rates and values for the final six months of 2016 are: