The Tax Committee’s efforts are focused on federal and state tax policies that impact the ownership and operation of business aircraft. The Committee works with the IRS, Treasury Department, SEC, and state tax authorities on key policy issues for business aviation.
The Tax Committee has formed several internal working groups by subject matter expertise:
- Tools & Resources
- State Taxes
John Hoover, Holland & Knight LLP (Chair)
David Hernandez, Vedder Price PC (Vice Chair)
Ryan DeMoor, Satcom Direct, Inc. (Secretary)
Scott O’Brien, NBAA Staff Liaison
NBAA members may also review the full committee roster.
Information & Resources
NBAA Tax, Regulatory & Risk Management Conference — This two-day conference is designed to provide a basis for understanding how the appropriate tax laws apply to a particular aviation operation. It covers issues such as aircraft registration, ownership options, leasing options, application of the FARs, enforcement, and insurance.
Summary of Recent Action
- Advised NBAA staff and its members on IRS, SEC, FAA and DOT regulatory matters.
- Urged the IRS to take action on critical tax issues affecting business aircraft owners and operators, through formal written comments, oral testimony, and meetings with regulators at IRS and Treasury.
- Educated business aircraft owners, operators, and their advisors:
- Hosted the annual NBAA Tax, Regulatory & Risk Management Conference
- Developed and presented the NBAA GO Virtual Aviation Tax & Transactions Review
- Promoted risk-management concepts, worked to raise the industry’s awareness of this topic from a financial and insurance perspective
- Wrote, updated, and published tax and regulatory best practices for NBAA members, including the Personal Use of Aircraft Handbook.
- Reported current events via NBAA Update and the NBAA website and responded to member inquiries on a variety of tax and finance topics.
- Produced educational articles for members on tax, regulatory and insurance topics.
- Educated NBAA members about the tax implications of the CARES Act and other COVID-19 relief measures.