NATA, NBAA Seek Further IRS Clarification on Mgmt Fees | Aviation International News

Regulations and Government

NATA, NBAA Seek Further IRS Clarification on Mgmt Fees

NATA and NBAA were encouraged by the IRS release of the NPRM on aircraft management fees, but sought a number of changes.

By Kerry Lynch • Editor, AIN monthly magazine

October 6, 2020

NBAA and NATA jointly praised the U.S. Internal Revenue Service for releasing a long-awaited notice of proposed rulemaking (NPRM) outlining the agency’s approach to taxation of management fees, but the associations expressed a number of concerns about the details of that approach.

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