Passed into law in December 2017, the Tax Cuts and Jobs Act has implications for business aircraft owners and operators, and the association is working to answer members’ questions. “NBAA requested guidance on three bonus depreciation issues: definition of property previously used by the tax payer, the binding written contract rules for self-constructed property and the definition of binding written contract,” said John Hoover, a partner at Holland & Knight. Hoover, vice chair of the NBAA Tax Committee, discusses tax reform provisions impacting business aviation in this week’s NBAA Flight Plan podcast.
Related Articles
March 20, 2023
Podcast: Have You Done Your PREFLIGHT Today?
NBAA's PREFLIGHT flyer campaign aims to promote professionalism across our industry, with the nine letters in the acronym "PREFLIGHT" each representing an attitude or behavior vital to being a true business aviation professional.
Listen Now
March 13, 2023
Podcast: Leadership, Teamwork and Inspiration
During a keynote at the recent NBAA Leadership Conference, Dr. Sian Proctor explained to Ryan Hawk, host of "The Learning Leader" podcast, that anyone can take their life in new, exciting directions.
Listen Now
March 6, 2023
Podcast: Opportunities and Challenges for Women in Aviation
Throughout March, NBAA is celebrating Women’s History Month by highlighting the important contributions women have made to aviation and the many opportunities available to them in the industry today.
Listen Now
February 27, 2023
Podcast: 2023 Regional Issues Preview
The start of a new year also means a new round of state legislative sessions across the country. NBAA's regional directors are active participants in those discussions, underscoring the importance of business aviation to state and local communities and economies.
Listen Now
International Business Aviation Council Ltd.