VAT & Taxes

Why Letting the Pack Pass You May Be Your Most Beneficial Move Yet

November 12, 2018
As the Pre-owned private jet market continues its hive of activity in 2018, there is a race for people in the USA to take advantage of the new tax benefits that Trump enacted when he took office. In order...Read More

Is a Tax Opinion Necessary?

July 16, 2018
When aircraft are being bought and sold across global jurisdictions, the topic of tax advice always comes up. A formal tax opinion is legal advice of how your sale will affect taxes either with the location of the aircraft...Read More

Should I Hire a Management Company

April 6, 2018
First of all, let’s discuss what a management company (also called an Aircraft Operator) actually is. Simply put, it is a service company that manages the operation of your aircraft. This includes the actual flying part as well as...Read More

Should I Get a Tax Opinion on my Aircraft Transaction

September 27, 2017
VAT is an ever changing landscape and the rules and exemptions change frequently. VAT is around 20% throughout Europe, equalling a substantial amount of money when imposed on a multi-million dollar aircraft. As a result, it is worth at...Read More

Where to Register Your Aircraft

August 18, 2017
The global aviation industry has seen an increase in the number of potential registers on which to put your aircraft. There are newcomers such as Guernsey, Jersey and San Marino; popular and relatively new registers such as the Isle...Read More

Why You Are Being Asked to Provide KYC Documents

February 24, 2016
In this post-financial crisis environment, financial institutions have become stricter regarding financial transparency by requiring KYC documents for persons they are conducting business with. KYC stands for Know Your Customer. It is basically a vetting process conducted by a...Read More

Whose Problem is VAT?

October 30, 2013
The topic of VAT (Value Added Tax) is always a difficult one, particularly when an aircraft transaction is occurring between two European parties. Given the enormous financial burden VAT places on all parties, this is one of the single...Read More