- What is Business Aviation?
- Flight Department Administration
- Aircraft Operations
- Professional Development
- News & Publications
- Products & Services
Who Should Attend
From flight department personnel looking to understand the core tax and regulatory issues to experienced business aviation advisors planning to build relationships and stay current on the latest issues, this is a must attend conference. Chief financial officers, in-house accountants and attorneys, and tax specialists are also encouraged to attend and learn about the key tax and regulatory issues for business aircraft owners and operators. Both Members and non-Members of NBAA are invited to attend.
Attendees of this NBAA Tax, Regulatory & Risk Management Conference will learn how to:
- Successfully navigate conflicts between FAA regulations and tax planning when developing an ownership/operating structure
- Understand tax deductions and limitations in the context of acquiring and operating an aircraft
- Track non-business use of an aircraft and understand both the IRS fringe benefit rules and entertainment use disallowance
- Calculate, collect and remit Federal Excise Tax (FET) for domestic and international flights
- Prepare for and respond to FET audits dealing with management company arrangements
- Identify the tax benefits and risks with leasing structures and develop strategies to mitigate risks
- Evaluate state tax issues including scrutiny of leasing structures, property tax audits, and treatment of fractional shares
- Apply lessons learned from public company proxy statements to correctly report aircraft usage for SEC purposes
- Understand the IRS audit and appeals process including rights and obligations of the taxpayer
- Evaluate advantages and disadvantages of aircraft management vs. in-house flight departments
- Develop a compliance plan for the European Union Emissions Trading Scheme
- Manage international aircraft transactions, including title, escrow, payments and transfer of funds, taxes and customs
- Review common economic or operational goals, and the ownership and allocation structures which achieve them
- And more!
Attending this NBAA Tax, Regulatory and Risk Management Conference provides a maximum of 14.0 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, 37219-2417. Web site: www.nasba.org.
Course Level: Introductory
Preparation: None required.
Delivery Method: Group-Live
Level of Knowledge: Overview
Maximum CPE Credit: 14.0
Fields of Study:
Taxes (8.0 hours maximum CPE recommended)
Business Law (6.0 hours maximum CPE recommended)
CPE Complaint Resolution Policy: For more information regarding administrative policies such as complaint and refund, contact NBAA's Operations Service Group at (202) 783-9250 or [email protected].
NBAA has not submitted this course for approval to any state CLE provider and will provides attorneys with an attendance confirmation letter to support their application for CLE credit in their respective states. Based on a 50-minute hour, the Conference may be eligible for a maximum of 14.0 CLE credits for the full course.
Candidates for the NBAA Certified Aviation Manager (CAM) credential may earn one point toward their CAM application or renewal by attending this Conference. Learn more at www.nbaa.org/cam.
Please email your cancellation and/or substitution request to [email protected] or send via fax to (202) 478-0036. A $30 processing fee will be charged for convention cancellations. A 10% processing fee will be charged for cancellations for all PDP Courses; the Tax, Regulatory & Risk Management Conference; and the Single Pilot Safety Standdown. Cancellations must be received in writing on or prior to October 18, 2013.
THERE WILL BE NO REFUNDS AFTER OCTOBER 18, 2013.
Save the Dates – Upcoming in 2013
NBAA's Tax Committee is planning several Tax and Regulatory Conferences in 2013. Please check http://www.nbaa.org/events for agendas and registration information, which will be available within the months preceding the educational program.
May 2, 2014
NBAA Business Aviation Taxes Seminar
San Francisco, CA
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.