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May 20th, 2015 by Kali M. Hague

Before entering into an aircraft purchase agreement, it’s imperative to understand that sales and use tax requirements are state-specific. Failing to account and plan for taxes, financing and structuring can result in an unexpected tax bill, deal breakers and closing delays. Here are key strategies to consider with your acquisition team.

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April 14th, 2015 by Dawn W. Rogers

Maximizing utilization of corporate aircraft can be challenging, which is why many owners/operators choose to implement an interchange agreement.

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March 18th, 2015 by Kali M. Hague

Before entering into an aircraft purchase agreement, it’s imperative to understand that sales and use tax requirements are state-specific. Failing to account and plan for sales and use taxes can result in an unexpected tax bill including substantial penalties and interest. Many states are increasingly prone to audit jet aircraft owners, but there are strategies to minimize your tax liability while still remaining tax-compliant.

 

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February 10th, 2015 by Kent S. Jackson

Quote from a 1986 enforcement case: “As Hogan Air Flight 816 taxied on Taxiway ‘C’ and passed by the Guard ramp area, the cadets observed you abandon your position in the left seat, stand up, remove your trousers, slide the window open and expose your buttocks.” Click here to download full article.


February 10th, 2015 by Michelle M. Wade

Structuring the ownership and operation of a corporate aircraft is complicated. Leasing an aircraft as a timeshare adds to the complexity. To effectively avoid FAA and IRS regulatory violations and insurance invalidation, consider the following tips. Click here to download full article.


December 17th, 2014 by Kali M. Hague

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November 21st, 2014 by Michelle M. Wade

An aircraft timeshare involves a person leasing their airplane with flight crew, and no charge is made for the flights other than those specified in FAR 91.501(d). Avoid accidental FAA Regulatory violations – not to mention aircraft insurance coverage issues – by following a few basic tips for aircraft timeshares.

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November 21st, 2014 by Michelle M. Wade

If your eyes light up when you see ads for your favorite model of pre-owned aircraft and previously you always bought new aircraft directly from the manufacturer, this article will help you identify some of the differences between these two types of purchases.

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October 15th, 2014 by Kent S. Jackson

International aircraft transactions can spiral out of control fast. How can you protect your investment and avoid costly mistakes? Collaborating with an aviation attorney should be your first step. They can expertly guide you through all the complex international buy/sell events, all requiring flawless execution to guarantee a successful closing.

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October 3rd, 2014 by Kent S. Jackson

I was an unmanned aircraft expert until I turned 16. Up until then, I built squadrons of balsa and tissue control-line airplanes and competed with them. But then I soloed in a Cessna 150, discovered girls and forgot about toy airplanes.

Now, toy airplanes are “Unmanned Aircraft Systems,” and the economic, social and legal implications continue to loom larger while the “aircraft” get smaller and smaller.

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