Don’t Miss These Key Steps for Buying Preowned Business Aircraft

During the NBAA Thought Leadership webinar “Redefining Certainty in an Era of Constant Change,” industry experts said business aviation sales continue to surge years after the formal end of the pandemic and despite frequent shifts in policy, global events and broader economic uncertainty.

A recent interim final rule significantly narrows the scope of the Corporate Transparency Act, which was enacted on Jan. 1, 2021, to enhance financial transparency and strengthen anti-money laundering efforts.

The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) recently announced that entities subject to the Corporate Transparency Act (CTA) must comply with filing requirements by March 21, 2025.