The National Business Aviation Association’s (NBAA’s) 2025 Business Aviation Taxes Seminar put a successful finishing touch on the spring conference season with guidance, resources and strategies for navigating an unpredictable tax and regulatory landscape and ensuring tax compliance.
The one-day event gave more than 150 attendees direct access to experts on business aviation-related taxes, regulations, strategies and solutions, as the industry seeks to effectively mitigate possible repercussions from international trade tariffs, fees and possible tax risks and liabilities.
“This event provided updated and actionable guidance for navigating a highly fluid and dynamic policy environment,” said NBAA General Counsel and Corporate Secretary Benjamin Schwalen, “Coming off the success of the event, NBAA will continually keep the industry informed of the most effective tax and financial issues as well as the latest policy developments at the federal, state and local levels.”
The seminar kicked off with an update from NBAA Senior Vice President, Government Affairs, Kristie Greco Johnson, who discussed the association’s active advocacy efforts in favor of federal investment in modernizing the air traffic control system and support for reinstatement of the 1979 Agreement on Trade in Civil Aircraft, which created a broad, reciprocal, tariff-free environment that helped U.S. aerospace manufacturing to thrive.
“Under this agreement, American aerospace manufacturers have dominated global trade for nearly five decades and produced the largest trade surplus of any U.S. sector,” she said, “It’s a trade agreement that can serve as a blueprint for other industries.”
Expert panels shared financial insights across a variety of subjects, from IRS rules governing business versus non-business use to planning a comprehensive state tax strategy for aircraft ownership and operation.
Attendees represented a slew of professionals who specialize in tax, accounting and legal matters for business aircraft, including attorneys, CPAs, financial managers, tax advisers, aviation professionals, flight department personnel and aircraft owner-operators.
“Attendee reaction has been very positive,” said NBAA Tax Committee Chair Ryan DeMoor, head of aviation tax at MySky, “Seminar participants have given especially high marks for the critical information, resources and guidance to help ensure tax compliance to the people who need it most. We’re also helping them make connections with experts who they can easily follow up with to answer questions.”
NBAA’s tax team is now focused on preparing for the association’s 2025 Tax, Regulatory & Risk Management Conference, which will be held Oct. 12 and 13 in Las Vegas, in conjunction with the NBAA Business Aviation Convention & Exhibition (NBAA-BACE).
