We advise clients in connection with the following tax matters:
▪︎ Federal income and federal excise taxes relating to the acquisition, disposition and operation of aircraft, including Section 1031 tax deferred like‐kind exchanges and air transportation taxes
▪︎ State sales and use taxes relating to the acquisition, disposition and operation of aircraft
▪︎ State aircraft registration fees and personal property taxes
▪︎ European Union (EU) value-added tax (VAT) on non-EU aircraft operating in the EU
We have significant experience structuring the purchase, sale, and operation of aircraft taking into consideration federal income and excise taxes, and state sales and use taxes.