When the IRS comes knocking for business jetsopinion Alasdair Whyte 23 Feb 24 0After being rich, bankrupt and then rich again, Samuel Clemens* knew a lot about tax. As he famously said: “The only certainties in life are… Read more
MySky launches software to automate tax reports #NBAAnews CJI Expert 18 Oct 22 0MySky has launched MySky Tax, a new software that automates tax reporting for business jets in the US, at NBAA-BACE 2022. Read more
The $11.2 million business jet conference tablenews CJI Expert 7 May 14 0Gary Horowitz, an aviation and tax attorney at Wiley Rein, looks at why the US Tax Court denied an business aircraft owner “bonus” tax depreciation… Read more
Can private charter arrangements help reduce VAT on corporate jet transactions?news Alasdair Whyte 13 Sep 12 0For a number of years the VAT treatment of corporate jet aircraft has varied across the EU and, in the case of the UK, over… Read more
Italy introduces passenger tax on chartered flightsnews Alasdair Whyte 29 Jun 12 0On June 28th the Italian tax authorities have issued the implementing directive regarding the chartered flights passengers' tax introduced at the end of April with… Read more
VAT: Opinion of the Advocate General’s Import by airlinesnews Alasdair Whyte 27 Apr 12 0An interpretation of the VAT regulations relating to the definition of a "qualifying aircraft" Read more
Italy approves luxury tax on aircraftnews CJI Expert 26 Apr 12 0The Italian government has approved a tax on business jets and helicopters but has cut the rates for smaller aircraft, whilst extending the time that… Read more
Tax on private aircraft under review in Italynews CJI Expert 17 Apr 12 0After its introduction in December 2011 raised both domestic and international concerns, the Italian luxury tax on private aircraft is currently being reviewed. Read more
Italian tax on private aircraft: An updatenews Alasdair Whyte 20 Mar 12 0On February 3 the Italian tax authorities issued regulation regarding the tax of private aviation. Read more
The key business jet issues of 2011 and how they will affect 2012news Alasdair Whyte 3 Feb 12 0The private aviation market continues to be a challenging and turbulent one for many of the players involved, be they operators, owners, lenders, investors or… Read more
I’m leaving on a jet plane, but who’s paying?news Alasdair Whyte 6 Sep 11 0In amongst the costs associated with owning, leasing or chartering corporate jets are two issues that are often overlooked. This can be because those involved… Read more
UK to charge Air Passenger Duty on business jet flightsnews Alasdair Whyte 23 Mar 11 0The UK will charge each business jet passenger up to a maximum of £150 ($245) to fly from the country. Corporate aircraft were originally excluded… Read more
UK starts charging VAT on business jetsnews Alasdair Whyte 21 Jan 11 0On 1 January 2011 the UK's VAT rules in relation to the supply of aircraft, aircraft engines and parts changed substantially. This followed a ruling… Read more
US House of Representatives pass HR4853news Terry Spruce 19 Dec 10 0The US House of Representatives have passed HR 4853 the Tax Relief, Unemployment Insurance Reauthorisation and Job Creation Act of 2010. Read more
