Implementation of the FET Exemption for Aircraft Management Services

Asset Finance Partner John Hoover is presenting at the NBAA GO Aviation Tax & Regulatory Compliance Seminar from June 9-10, 2021. Mr. Hoover will speak on the second day of the virtual seminar about "Implementation of the FET Exemption for Aircraft Management Services." The session will analyze final rules from the IRS on the new exemption from Federal Excise Taxes (FET) for certain payments from aircraft owners to aircraft management companies, review how this exemption applies to common management structures, required documentation, and the impact on Part 135 owner flights.