For those looking to keep up on Florida’s aviation business news, one of the best events of the year was the 2012 Florida Aircraft Trades Association (FATA) annual conference. This three day event included aviation business news, recent developments in aircraft...
Forbes published an incisive article about how The President’s criticism of corporate jet owners (of which the United States Government is a big one) is affecting jobs in this industry, one of America’s last major manufacturing enterprises.
Effective July 1, Maine, traditionally among the more aggressive states when it came to pursuing even temporary visitors for use tax, no longer charges sales or use tax on aircraft, their parts or services. The change resulted in several aviation businesses quickly...
Connecticut Governor Dannel P. Malloy wants to close the state deficit by ending tax exemptions on repairs and services to aircraft, and by adding a yearly registration fee to planes stored in the state. This is problematic for general aviation, and for Connecticut...
President Obama last week signed the Small Business Jobs Act of 2010 into law, extending two key aircraft-friendly tax provisions for another year. This legislation extends the “bonus depreciation” provisions that have been in place for some time that allow the...
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