Capital gains tax

June 30, 2008 - 7:25am

Business aircraft owners who want to move up have the option to engage in a “like-kind exchange”  that could save thousands of dollars in capital gains taxes, according to Tonya Fritts, vice president and relationship manager for North Carolina-based Wachovia Exchange Services (Booth No. 3769).

January 18, 2008 - 5:44am

CharterAuction.com is claiming that “many [fractional] customers who were sold [shares] five years ago on the basis of a 90-percent aircraft resale value are receiving less than 60 percent.” This is, in many cases, in addition to a 5- to 10-percent remarketing fee charged by the fractional management company.

January 18, 2008 - 5:44am

CharterAuction.com is claiming that “many [fractional] customers who were sold [shares] five years ago on the basis of a 90-percent aircraft resale value are receiving less than 60 percent.” This is, in many cases, in addition to a 5- to 10-percent remarketing fee charged by the fractional management company.

 
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