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NBAA News Hour: Final IRS Excise Tax Rule - Implications for Aircraft Owners and Operators
Tuesday, January 19th, 2021 at
About this Webinar
NBAA's successful advocacy efforts led to a new final rule from the IRS that provides certainty to aircraft management companies and owners on their federal excise tax (FET) obligations. Under the rule, the 7.5% FET on commercial air transportation is not due when owners conduct flights on their own aircraft with a management company’s assistance.
This positive change has broad implications for the entire business aviation industry, from aircraft operators to brokers and aviation attorneys. Join members of NBAA's Tax Committee to analyze the changes and learn best practices for your business.
This webinar is sponsored by: TVPX
Scott O'Brien, Moderator
Senior Director, Government Affairs, NBAA
Partner, Holland & Knight; Chair, NBAA Tax Committee