Who Should Attend

From flight department personnel looking to understand the core tax and regulatory issues to experienced business aviation advisors planning to build relationships and stay current on the latest issues, this is a must attend conference. Chief financial officers, in-house accountants and attorneys, and tax specialists are also encouraged to attend and learn about the key tax and regulatory issues for business aircraft owners and operators. Both Members and non-Members of NBAA are invited to attend.

Learning Objectives

Attendees of the 2018 NBAA Tax Conference will learn how to:

  • Understand how FAA and DOT regulatory requirements affect the structure of owning and operating business aircraft.
  • Utilize real world scenarios to learn about tax planning strategies and defenses to overcome potential audit challenges.
  • Learn how state tax planning strategies are key to the aircraft acquisition process.
  • Review common tax planning questions, including how fair market aircraft lease rates are determined.
  • Learn how business aircraft are treated for tax depreciation purposes and the complex rules to qualify for certain depreciation schedules.
  • Review how to calculate and remit federal excise tax for flights viewed as commercial by the IRS.
  • Learn how to analyze the tax and regulatory impacts for the flight department when corporate reorganizations or other structural changes occur in the company.
  • Analyze the unique tax planning strategies for non-traditional aircraft ownership structures or owner flown scenarios.
  • Review the regulatory options (and limitations) to understand how multiple owners can share use of an aircraft, and options for providing use to others while receiving compensation.
  • Learn about upcoming aircraft equipage requirements and how to analyze the potential tax consequences.
  • Develop risk management strategies for using independent contractors within a flight department.
  • Plan for non-business use by understanding required tax calculations and proper documentation of flight classifications.

CPE Credit

Attending this NBAA Tax, Regulatory and Risk Management Conference provides a maximum of 15.0 hours of recommended continuing education (CPE) credits. In accordance with the standards of the National Registry of CPE Sponsors, CPE credits have been granted based on a 50-minute hour.

National Registry of CPE SponsorsNBAA is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.

Course Level: Basic
Prerequisite: None
Preparation: None required
Delivery Method: Group-Live
Level of Knowledge: Overview
Maximum CPE Credit: 14.0 hours
Fields of Study: Taxes (7 hours maximum CPE recommended)
Business Law (7 hours maximum CPE recommended)

CPE Complaint Resolution Policy: For more information regarding administrative policies such as complaint and refund, please contact the National Business Aviation Association at (202) 783-9000.

CLE Credit

NBAA has not submitted this course for approval to any state CLE provider and will provides attorneys with an attendance confirmation letter to support their application for CLE credit in their respective states. Based on a 50-minute hour, the conference may be eligible for a maximum of 14.0 CLE credits for the full course.

CAM Credit

Candidates for the NBAA Certified Aviation Manager (CAM) credential may earn one point toward their CAM application or renewal by attending this conference.

Any person who attends an NBAA convention, conference, seminar or other program grants permission to NBAA, its employees and agents (collectively "NBAA") to record his or her visual/audio images, including, but not limited to, photographs, digital images, voices, sound or video recordings, audio clips, or accompanying written descriptions, and, without notifying such person, to use his or her name and such images for any purpose of NBAA, including advertisements for NBAA and its programs.