NBAA Applauds Presidential Signing Of Bonus Depreciation | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Airborne Unlimited-
Monday

Airborne-Unmanned w/AUVSI-
Tuesday

Airborne Unlimited-
Wednesday

AMA Drone Report-
Thursday

Airborne Unlimited-
Friday

Airborne On ANN

Airborne 12.11.17

Airborne-Unmanned 12.12.17

Airborne 12.13.17

AMA Drone Report 12.14.17

Airborne 12.15.17

Airborne-YouTube

Airborne 12.11.17

Airborne-Unmanned 12.12.17

Airborne 12.13.17

AMA Drone Report 12.14.17

Airborne 12.15.17

Tue, Sep 28, 2010

NBAA Applauds Presidential Signing Of Bonus Depreciation

Companies Can Receive Tax Benefits Before Year-End On Business Aircraft Purchases

The NBAA has added its voice to those praising 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. Obama signed the bill Monday afternoon.

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.

"NBAA thanks President Obama for enacting this important tax provision for American businesses," said NBAA President and CEO Ed Bolen. "Now that the President has signed the measure into law, companies will be able to take advantage of the provision right away, giving them access the benefits of business aviation."

NBAA repeatedly called on Capitol Hill lawmakers to support legislation to extend accelerated depreciation for investments in strategic business assets, including aircraft. Earlier this year, NBAA joined with more than 80 American businesses and organizations to send an open letter to House and Senate leaders calling for a renewal of bonus depreciation that expired at the end of 2009, to extend the tax benefits to preserve manufacturing jobs, and at the same time give companies immediate access to the benefits of asset investments, including the purchase of business aircraft.

FMI: www.nbaa.org

Advertisement

More News

Airborne 12.15.17: New Shepard Flies Again, Falcon 5X Cancelled, Flying Car Race

Also: Online Pilot Records Database, GA Security Bill, $1M 4 ERAU, Blades Aerobatic Team Blue Origin's New Shepard made its seventh test flight Tuesday afternoon at the company's l>[...]

AMA Drone Report 12.14.17: Drone Registry, AMA Q&A, New IDRA Boss

Also: LAFD Drones, Toys For Tots FPV, Modular Racing Drone, Community College Drone Program President Donald Trump has signed the Defense Authorization Bill that includes a reinsta>[...]

Airborne-Unmanned 12.12.17: ERAU Storm Chaser, USMC Drone Insignia, Malawian UAV

Also: NLR Signs Agreement, QinetiQ, Big Bend Community College, 2nd Annual UAS Conference, Tigershark UAS Kicking off a series of tests for its capstone project, the UAV Storm Chas>[...]

Aero-News: Quote of the Day (12.18.17)

“Classic jets have been part of the EAA AirVenture warbirds lineup for a number of year, but to include rare British aircraft such as the Meteor, Venom and Vampire makes the >[...]

Klyde Morris (12.18.17)

The Airline Gig Isn't Getting Any Easier, Klyde FMI: www.klydemorris.com>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC