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Are there tax benefits associated with business aircraft ownership?


 

Transcript:

Business aircraft can play a really vital role in the successful operation of a business, and there are tax benefits available to those companies that operate business aircraft. Most significantly, there can be the ability to write off a significant amount of the initial purchase or cost investment in the aircraft in the early years of the ownership which can free up capital to make additional business investments, really provide a nice vehicle for deductions provided that the ownership structure is appropriate.

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