FAA ISSUES NEW RULE – N-NUMBER REGISTRATION

The Federal Aviation Administration (“FAA”) has issued the Final Rule regarding the Re-registration and Renewal of Aircraft Registration, (“Final Rule”). The Final Rule becomes effective on October 1, 2010. The Final Rule requires all current U.S. registered aircraft to re-register and receive a new certificate of registration that will include an expiration date and only be valid for a period of three years.

View & Print Your Re-registration Details

ANNOUNCEMENT NEW ADVOCATE WEBSITE LAUNCHED

Aircraft Operations & Legal, Aviation General

Advocate Shareholder quoted as Aviation Tax Expert by the Wall Street Journal

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.