Aviation Tax and Aircraft Sales Tax

The aviation professionals at Advocate provide turnkey aircraft tax consulting services designed to maximize income tax savings, minimize sales and use tax costs, control property tax, and avoid federal excise tax, all within the strict mandates of the Federal Aviation Administration Regulations.

Aircraft Income Tax

Aircraft State & Local Tax

Aircraft Operations & Law


Stay on the cutting edge of aviation tax and aircraft news specifically designed for aircraft owners and operators.

Please enter your email address below to subscribe to our updates.

Will Bizav Finally Be Recognized by India’s Government?

India business aviation show

After years of frustration, India’s business aviation community is hoping that a new report due to be published next month will trigger a sea change in government policy toward the industry. A team of representatives from the International Civil Aviation Organization (ICAO) and India’s Ministry of Civil Aviation is preparing for business and general aviation in India a blueprint that could form the foundation for a more transparent and consistent approach to both regulating and stimulating the industry.

The new report is expected to outline a future strategy for the sector, taking into account its present constraints in infrastructure and regulations, an ICAO official told AIN at the Indian Business Aviation Expo, held in New Delhi late last month. The recommendations are expected to take their place in India’s new civil aviation policy. “It is essential that a senior official in the ministry of civil aviation be made the point guard for general and business aviation,” asserted Kapil Kaul, CEO for India and the Middle East with the Center for Asia Pacific Aviation (CAPA).

A recent report from CAPA highlighted a complete lack of recognition for the business aviation sector in Indian government policy. The country remains one of the world’s biggest prospective markets for business aviation, with projections of new aircraft sales worth around $12 billion there between now and 2020.

March 20, 2012, 4:06 PM




Click HERE for the original article

Share


Leave a Reply





*

Spam Protection by WP-SpamFree

Advocate Consulting Legal Group, PLLC. 3073 Horseshoe Drive South, Naples, FL 34104. Suzanne Meiners-Levy, Esq. (239) 213-0066. IRS Circular 230 Disclosure.  New IRS rules impose requirements concerning any written federal tax advice from attorneys.  To ensure compliance with those rules, we inform you that any U.S. federal tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under federal tax laws, specifically including the Internal Revenue Code, or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein. Privacy Policy. Terms of Use. RSS Feed