ARTICLES

By: Stewart Lapayowker

Twitter, Facebook, LinkedIn, MySpace, blogs – what does that have to do with business aviation? For one, they can be great tools to share information quickly and effectively with other interested parties. A lot of people within our industry are using these tools and if you’re not, you might be missing out on some important…

Don’t Be the One to "Split Tens"

I am often asked by a client buying or selling an aircraft “how quickly will this deal be done?” or ” how much will this cost?” My answer is always the same:  If you can tell me how everyone in the deal will behave, I can tell you generally how long it should take and how much it should cost….

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Sydney Macca, Esq. Joins the Firm

We are pleased to announce that Sydney L. Macca, Esq. has joined our team. Sydney has a unique perspective on business aviation having served as the Manager of Flight Operations for a Part 91 flight department with operations in over 100 countries, and will be a valuable resource.  She also served on the NBAA Security Council and on the Gulfstream…

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NBAA Tax, Regulatory and Risk Management Conference starts the Sunday BEFORE NBAA Convention

If you will be attending the NBAA’s annual convention this year in Las Vegas, be sure to attend the Annual NBAA Tax, Regulatory and Risk Management Conference.  The conference is an in depth review of the major issues facing aircraft owners and operators. Why can’t Part 91 operators operate in a single purpose entity?  How can the IRS take the…

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Flying to or Within the EU? There Still May be Ways to Address VAT.

U.S. registered aircraft operating within the UK or the EU are subject to being assessed a value added tax of up to 26% of the value of the aircraft.  This is generally due to the fact that the UK/EU view typical Part 91 operations as “commercial” under their rules.  While, in the good ‘ole days, large jets could be imported…

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