Tax Matters for Airplane Purchases: The 30,000 foot view
GKG Law Webinar
On Thursday, October 22 at 1 pm ET, GKG Law hosted the webinar "Tax Matters for Airplane Purchases: The 30,000 foot view." During this one-hour session, attendees learned about a variety of tax planning considerations for business aircraft purchases and ownership, including opportunities for tax savings, reduced or eliminated tax deductions, federal air transportation and fuel excise taxes, and methods to minimize state income, sales, and use taxes. The purchase and ownership of business aircraft comes with significant federal, state and local tax implications, but with careful planning, can also offer opportunities for optimum tax benefits. Presenters also advised on how best to implement tax planning techniques to ensure favorable results for taxpayers.
A recording from this webinar can be found here and slides are attached below.
