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 05.21.18

Airborne-UnManned 05.22.18

Airborne 05.16.18

AMA Drone Report 05.17.18

Airborne 05.18.18

Airborne-YouTube

Airborne 05.21.18

Airborne-UnManned 05.22.18

Airborne 05.16.18

AMA Drone Report 05.17.18

Airborne 05.18.18

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-Unmanned 05.15.18: UAS IPP Selections, Drone Regs, P4P V2.0

Also: DJI Microsoft Partner, ALPA 'Keeping A Close Eye', King Online Drone Course, Solar UAV First announced last October, this White House initiative partners the FAA with local, >[...]

Aero-News: Quote of the Day (05.20.18)

“We were honored to be selected by several airlines to create this retrofit solution for flight deck power. Our global experience in certification services is helping these a>[...]

ANN's Daily Aero-Linx (05.20.18)

Aero Linx: Directorate General of Civil Aviation (India) Directorate General of Civil Aviation is the regulatory body governing the safety aspects of civil aviation in India. This >[...]

ANN's Daily Aero-Term (05.20.18): Execute Missed Approach

Execute Missed Approach Instructions issued to a pilot making an instrument approach which means continue inbound to the missed approach point and execute the missed approach proce>[...]

AMA Drone Report 05.17.18: AMA Expo West Upgrades, UAS IPP, Amazon Snubbed

Also: Drones v Flaming Kites, Sherrif Drones, ALPA Is Watching..., Wichita Aviation Pathway After a number of years in Ontario, California; the highly anticipated 2018 rendition of>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2018 Web Development & Design by Pauli Systems, LC