Jetquestions. Jetanswers. Jetlaw.
Domestic and International Transactions
and Regulatory Compliance
Owning and operating a corporate jet is complicated. Consider what entity or individual will own and use the aircraft. Is the owner a U.S. citizen? Will personal use of the corporate jet cost the company depreciation deductions?
We structure aircraft acquisition, ownership and operations to maximize federal and state tax planning opportunities—including depreciation and tax-deferred exchanges—as well as state tax-deferred exchanges, and sales and use tax deferment. We represent clients in front of the IRS in federal aviation excise tax controversies.
Meet the Team
Founded in 1993, we focus exclusively on business and corporate aviation. Jetlaw® is internationally known for providing comprehensive legal counsel to corporate flight departments, Part 135 charter operators, hybrid operations, drone operators, and other unique and complex business aviation ventures. Any of our attorneys would be glad to assist you with any aspect of your corporate jet transaction. Our attorneys and industry advisors have real-world aviation experience and understand the challenges you face in your every-day operations.
Our firm’s “Federal Aviation Regulations Explained” is the industry’s leading book series for understanding and applying the Federal Aviation Regulations. The Jeppesen series explains the intent and application of the regulations by compiling and distilling FAA Chief Counsel Opinions, Advisory Circulars, Federal Registry preambles, and the Aeronautical Information Manual. You know what the regulation says. Let us show you what it means. Meet the authors and attend our next speaking engagement.
Operating a corporate jet in a sole purpose entity violates the FARs, exposes the entity and its pilots to hefty administrative fines, and may invalidate liability insurance coverage. Are you operating your jet in an illegal flight department company?
find out here