National Business Aviation Association, Inc.

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General Information

Who Should Attend

Flight department personnel, aircraft owners and operators, aviation professionals, chief financial officers, accountants, tax specialists, schedulers, dispatchers, lawyers and others who have an interest in aviation tax, operational and regulatory issues. Both Members and non-Members of NBAA are invited and encouraged to attend.

Learning Objectives

Attendees of this NBAA Tax, Regulatory & Risk Management Conference will learn how to:

1. Balance FAA requirements while maximizing tax benefits of aircraft ownership.
2. Apply Federal excise taxes to their business aviation operations and obtain applicable refunds.
3. Steer clear of ethical breaches that could be associated with aircraft operations and transactions.
4. Structure personal use of aircraft to comply with FAA and IRS regulations.
5. Minimize the disallowance of Federal tax deductions due to entertainment use of aircraft.
6. Identify the criteria that a lease must satisfy to be a true lease for tax purposes and the positive and negative consequences of leasing an aircraft.
7. Understand the types of insurance available to your operation in the event of an accident or incident.
8. Avoid and/or survive an IRS audit.
9. Implement procedures to comply with the FAA’s Final Rule on aircraft re-registration.
10. Comply with ITAR, EAR and other considerations when importing or exporting an aircraft.
11. Maximize hangar, maintenance, and related operations without running afoul of airport regulations.

CPE Credit

Attending this NBAA Tax, Regulatory & Risk Management Conference provides a maximum of 15.5 hours of recommended continuing education (CPE) credits. In accordance with the standards of the National Registry of CPE Sponsors, CPE credits have been granted based on a 50-minute hour.

NBAA is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219. www.nasba.org.

Course Level: Introductory
Prerequisite: None
Preparation: None required.
Delivery Method: Group-Live
Level of Knowledge: Overview
Maximum CPE Credit: 15.5

Fields of Study:
Taxation (7.0 hours maximum CPE recommended),
Business Law (8.5 hours maximum CPE recommended)

CPE Complaint Resolution Policy: For more information regarding administrative policies such as complaint and refund, contact the National Business Aviation Association at (202) 783-9000.

CLE Credit

NBAA has not submitted this course for CLE approval to any state CLE provider. Upon written request, NBAA will provide individual attorneys with an attendance confirmation letter to support their application for CLE credit in their respective states. Based on a 50-minute hour, the NBAA Tax, Regulatory & Risk Management Conference may be eligible for a maximum of 15.5 CLE credits for the full course.

Substitutions/Cancellations

A full refund less 10 percent processing fee will be made for seminar cancellations received in writing prior to October 10, 2010. NBAA understands the last-minute nature of business aviation and has allowed as much flexibility as possible. However, there will be NO REFUNDS after October 10, 2010. All requests must be made in writing or by fax to (202) 478-0036. Postmark or fax transmission date will determine date of cancellation. If you are unable to attend and wish to send another representative from your company, simply fax the name of your replacement.

For general information, contact NBAA’s Stacey Turner at (202) 783-9351 or sturner@nbaa.org.

Any person who attends an NBAA convention, conference, seminar or other program grants permission to NBAA, its employees and agents (collectively "NBAA") to record his or her visual/audio images, including, but not limited to, photographs, digital images, voices, sound or video recordings, audio clips, or accompanying written descriptions, and, without notifying such person, to use his or her name and such images for any purpose of NBAA, including advertisements for NBAA and its programs.