Financing, Insurance and Taxes
Issues regarding financing of aircraft; aviation insurance; tax issues for aircraft operators; new companies and people in the aviation financing and insurance industries.
Conference is geared for flight department personnel, aviation attorneys and financial advisors
Insurance product covers air charter revenue losses stemming from unscheduled maintenance and cancelled flights.
Insurance broker said U.S. aircraft operators and many of their reinsurers “have dodged major bullets” in terms of any effect on U.S. policyholders.
No date for the IPO has been set, nor has any valuation been placed on shares to be offered.
GAO says misclassified workers are costing the IRS $4 billion a year in lost tax revenue.
The Isle of Man continues to set the pace as an offshore registry for business aircraft, with a fluid array of advantages.
Company has transacted an average of 250 loans per year for customers purchasing aircraft, from warbirds to turbine business aircraft.
Premiums haven’t reached bottom yet, according to some insurers.
Senate bill would restore tax incentives that expired last year, including accelerated depreciation on purchases of long-term capital assets.
So far in FY2014, which started on October 1, the independent federal agency has authorized approximately $740 million.