Credit: IRS
The National Business Aviation Association (NBAA) is applauding a final IRS rule clarifying federal excise tax obligations for aircraft management companies and aircraft owners, following passage of the Tax Cuts and Jobs Act. In 2017, lawmakers introduced key tax reforms, such as 100% bonus...
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Final IRS Rule Clarifies Excise Taxation For Management Firms is published in Business Aviation & Advanced Air Mobility Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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