The role of the IRS is not to pursue political agendas or score political points.
Updated Feb. 27, 2024
Here’s What’s Happening
On Feb. 21, 2024, the IRS issued a news release announcing “dozens” of upcoming audits of business aircraft users.
Meanwhile, thousands, not dozens, of America’s and the world’s leading companies and business executives use business aviation every day to grow the economy, create jobs, and maintain their competitive edge.
“…An audit in search of a problem, and an attempt to broadly paint with a negative brush the thousands of U.S. companies of all sizes that rely on business aircraft…”
Ed Bolen President & CEO of NBAA
IRS leadership gave interviews about their audit announcement, attempting to make headlines and negatively influence public opinion about one of America’s most innovative industries, responsible for $250 billion in annual GDP.
Get the Facts
- The most respected, well-managed businesses in the world use business aviation in compliance with U.S. tax law.
- Directors at publicly traded companies routinely approve of business and non-business aircraft use in accordance with IRS and SEC rules.
Many leading businesses require key staff to travel aboard company airplanes for safety and security reasons.
Business aviation is critical to our economy and communities across the U.S., supporting 1.2 million jobs and contributing $250 billion to GDP. Business aircraft help companies optimize efficiency, productivity, flexibility and competitiveness.
What You Can Do
- Talk with your local, trade or national news contacts about this issue. Share your expert opinion and shed light on the negative allegations cast at our industry by the IRS.
- Share on social media. Shed light on the IRS’s inappropriate political bias. Visit NBAA’s social media accounts to share our latest posts on this topic.