The recent modifications to the tax code under the Tax Cuts and Jobs Act (TCJA) represent the most significant modifications in more than three decades, according to the experts at […]
Title: Tax Change Helps Executives Afford Pricier Planes Author: Rachel Feintzeig – Sept. 12, 2018 Source: Wall Street Journal The recent changes to the tax code are giving business executives a new […]
A watershed moment for pilots of light aircraft occurred on July 15, 2016, when the President signed into law a major easing of medical certification requirements for light-aircraft pilots. This […]
In February 2016, the FAA, for the first time in nearly forty years, replaced its Advisory Circular on aircraft leasing. (AC91-37B (February 10, 2016), superseding and replacing AC91-37A (January 16, […]
On January 24, 2014, the FAA issued a new National Policy on operations in Reduced Vertical Separation Minimum (“RVSM”) airspace. (FAA Notice N8900.250 and Revised FAA Order 8900.1.) One significant […]
Aircraft Operations & Legal, Aviation General
Aircraft Operations & Legal, Co-Ownership
Step 1. Select one person from the company who will make the application to the International Registry. The first principal, agent or employee of your “transaction user entity”, or TUE […]
Entering into a purchase agreement for a conceptual aircraft is a unique experience even for savvy business professionals familiar with purchase contracts. These agreements can provide a purchaser with the […]
Electing Out of Subchapter K Provides Tax Benefits While Reducing Regulatory Cost Aviation, legal and tax professionals have historically encouraged joint owners of aircraft to hold their respective interest in […]