Podcast: It’s Tax Time – Are You Sure You Don’t Owe FET?

April 10, 2023

Companies and individuals often grapple with the tax and regulatory complexities involved with operating a business aircraft, with federal excise tax (FET) obligations a common area of uncertainty. NBAA Tax Committee Member Melissa Stanley encourages operators to conduct an FET analysis “any time you move money to pay for aircraft operations — whether those operations are Part 91 or 135, whether the money moving is a reimbursement, a capital contribution [or] a related-entity allocation.”

In this episode of NBAA’s “Flight Plan,” host Rob Finfrock speaks with:

• Ryan DeMoor, vice chair of the NBAA Tax Committee and head of aviation tax for MySky
• Melissa Stanley, NBAA Tax Committee member and partner at Barbera & Watkins, LLC

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