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 On ANN

Airborne 11.30.15

Airborne 12.01.15

Airborne 11.25.15

Airborne 11.19.15

Airborne 11.20.15

Airborne Hi-Def On YouTube

Airborne 11.30.15

Airborne 12.01.15

Airborne 11.25.15

Airborne 11.19.15

Airborne 11.20.15

EAA/ANN AirVenture Innovation Preview

AIP-#1 Vimeo

AIP-#2 Vimeo

AIP-Part 1 YouTube

AIP-Part 2 YouTube

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.



More News

Airborne 11.30.15: Rutan SkiGull, Old Rhinebeck Aerodrome, NASA-Virgin Galactic

Also: Tecnam P2012, Great Lakes Biplane, USAF X-56A, New IFR Training System, 'Lost In Space' Returns, Laser Strikes, ADS-B Seminar ANN Airborne Link: /index.cfm?do=video.playVideo>[...]

ANN's Daily Aero-Linx (12.01.15)

Legal Ramifications Of The FAA's UAV Registration Program An analysis of the FAA's UAV Registration Task Force compiled by Jonathan Rupprecht of Rupprecht Law, P.A. Rupprecht write>[...]

ANN's Daily Aero-Term (12.01.15): Glideslope Intercept Altitude

The published minimum altitude to intercept the glideslope in the intermediate segment of an instrument approach.>[...]

Aero-News: Quote Of The Day (12.01.15)

“Economic and political events over the last year have impacted some of the fundamentals for growth. As a result, we expect some 400 million fewer people to be traveling in 2>[...]

ANN FAQ: What Does The API Mean To You

Engaging The Aviation World's Pivotal Organizations, Interests And Viewpoints The Airborne Partnership Initiative, we call it the API, is a plan developed by ANN CEO and Editor-In->[...]

blog comments powered by Disqus





© 2007 - 2015 Web Development & Design by Pauli Systems, LC