News & Analysis as of

Internal Revenue Code (IRC) Aviation Industry Bonus Depreciation

Husch Blackwell LLP

One Big Beautiful Bill Act Restores Full Bonus Depreciation for Qualifying Aircraft

Husch Blackwell LLP on

On July 4, 2025, President Donald Trump signed the One Big Beautiful Bill Act (OBBBA) into law. That legislation contained a wide variety of provisions as part of the administration’s tax reform agenda. One significant...more

Holland & Knight LLP

Business Aviation Industry Should Take Note of Two Recent Tax Items

Holland & Knight LLP on

The Internal Revenue Service (IRS) has released a Notice regarding the tax treatment of meals, and the National Business Aviation Association (NBAA) has submitted comments to the IRS regarding the proposed regulations on...more

2 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide