Italian Luxury Tax May Be Lifted in Response to Industry Concerns
As NBAA previously reported, the Italian government has implemented a tax on all private aircraft that spend more than 48 hours on the ground in Italy. For many business aircraft, that could mean a yearly tax of over 300,000 Euros. This week, the Italian Chamber of Deputies passed new legislation that would significantly modify the tax. At the urging of NBAA and other stakeholders, the new plan would allow non-Italian registered aircraft to spend up to 45 consecutive days in Italy before being subject to the tax. The legislation is now headed to the Italian Senate for consideration. NBAA strongly supports this positive change and encourages legislators in Italy to act quickly. Learn more about the proposed Italian luxury tax on aircraft.
Business Aviation Groups Want Tax Repeal
Business aviation groups have been working with the U.S. House General Aviation Caucus to repeal the fuel fraud tax measure, which requires noncommercial jet fuel to be taxed initially at the higher highway tax rate. They hope to get the repeal inserted in the House version of the highway reauthorization bill. The House and Senate must reach an agreement on either a short-term extension or a long-term highway bill this week before the current extension expires at the end of the month.
Republic Airport Vision Plan
The Republic Airport Vision Plan was initiated by the New York State Department of Transportation (NYSDOT) and the Republic Airport Commission (RAC) in April, 2009. The vision plan is a unique and innovative process that allows all stakeholders a voice in an effort to develop a framework and consensus on the vision for Republic Airport to follow in the future. Airport stakeholders include civic group leaders and participants, elected officials, the business and aviation community and RAC members.
Call To Action: Help Advance Senate Bill Opposing EU-ETS
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The business aviation community is grappling with a new European tax on aircraft emissions, and you can call on your U.S. senators to take action on the issue. The new tax is called the European Union Emissions Trading Scheme (EU-ETS), and it would tax emissions for any flight to Europe from its point of origin – not just the portion of the flight in European airspace.
Friday, 18 November 2011 12:26
Congress Clears Spending Bill With BARR-Reinstatement ProvisionWashington, DC, November 17, 2011 – The National Business Aviation Association (NBAA) today applauded final congressional passage of a comprehensive appropriations bill that includes language reinstating the Block Aircraft Registration Request (BARR) program.
Friday, 23 September 2011 19:33
LIBAA Opposes User Fees for Turbine AircraftThe Long Island Business Aviation Association, the "voice of aviation" on Long Island joins with all our fellow aviation advocacy organizations to strongly oppose user fees for turbine aircraft as proposed by President Obama. LIBAA is deeply concerned that the new proposed $100.00 per flight tax would create a significant administrative burden on general aviation operators who presently pay for FAA services through an efficient per gallon fuel charge at the pump. Implementing this onerous tax would only necessitate the creation of a costly new federal revenue collection bureaucracy.
Wednesday, 20 July 2011 11:18
User Fee Alert: Write Your Members of Congress TodayAs Congress and the White House negotiate over the nation's deficit and debt ceiling, the business aviation community has cause for alarm. I'm sending this message to explain the situation, and what steps our industry must take to confront it.
Wednesday, 04 May 2011 07:50
Connecticut Passes Budget Without Aviation Tax IncreasesThanks to successful advocacy efforts by NBAA Members, the Connecticut Legislative Aviation Caucus and the Connecticut Business Aviation Group, the state will continue its role as an important location for business aviation. The House and Senate in Connecticut passed a budget that does not contain the potentially devastating tax increases for aviation that were proposed in earlier versions. The final budget, Senate Bill 1239 has been transmitted to the Governor for his signature.
Wednesday, 29 September 2010 01:24
NBAA Applauds Presidential Signing of Bonus DepreciationThe National Business Aviation Association (NBAA) today lauded President Obama for signing into law legislation that includes a provision for "bonus depreciation," to accelerate cost recovery of strategic business purchases this year, including business aircraft. The measure, included as part of an overall legislative package for small businesses, passed the U.S. House of Representatives and Senate earlier this month.
Wednesday, 29 September 2010 00:33
New York Legislature Forms Aviation CaucusNew York State is one of the top destinations for business aircraft in the country, but many businesses choose not to base their aircraft at New York airports because of the state's especially high taxes. While neighboring states such as Massachusetts and Connecticut have tax policies designed to attract general aviation (GA) aircraft, New York imposes a sales and use tax on all GA airplanes that encourages basing them outside the state's borders.       Featured LIBAA Member
LIBAA News & Updates
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