- 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!
Attendees of the conference will be eligible to receive CPE, CLE and CAM credit. Check back in the months preceding the conference for final details on the number of credits attendees will be eligible to receive.
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.