Title: Tax Change Helps Executives Afford Pricier Planes
Author: Rachel Feintzeig – Sept. 12, 2018
Source: Wall Street Journal
The recent changes to the tax code are giving business executives a new perk: the opportunity to deduct the entirety of a corporate-jet purchase.
President Trump signed more than 100 changes to the U.S. tax code into law at the end of last year. Among them: The price of a new or used airplane purchased by a company can be a 100% write-off against its earnings.