Bizav Groups Turn to FAA Bill for Management Tax Help | Aviation International News

Regulations and Government

Bizav Groups Turn to FAA Bill for Management Tax Help

Industry are hoping the upcoming reauthorization bill may provide relief as hopes dim for near-term solution from the IRS.

By Kerry Lynch • Editor, AIN monthly magazine

July 17, 2015

With optimism dimming for a near-term solution to the controversy surrounding aircraft management fee taxes, business aviation advocates are hoping the upcoming reauthorization bill might be a possible venue to address the issue. Speaking during the recent Conklin and de Decker/NATA Commercial Operators Tax Seminar, Conklin and de Decker co-owner and tax expert Nel Stubbs noted that industry leaders were hopeful about the IRS issuing a potential long-term decision by the end of 2014. But turnover at the agency had delayed that effort. Now, with the current administration approaching the last part of its term, a long-term solution could be pushed off for the time being.

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