GKG Law
GKG Law Resources and Publications

As leaders in the business aviation marketplace, our expertise ranges from tax related issues to document preparation and purchase and sales of aviation industry companies, such as management and charter operators, FBO repair facilities and fractional companies. We also act as a resource by providing information to help you better navigate the complexities of the aircraft transaction process, and cultivate extensive contacts and relationships with the manufacturers, dealers, brokers, lenders, management/charter companies and fractional providers.

We offer an extensive library of business aviation related documents that can educate you on current issues and help you make more informed decisions.

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Conducting Forward and Reverse Tax-Free Exchanges under IRC Section 1031

An Update on TSA's Proposed Large Aircraft Security Program; Planning to Minimize State Sales and Use Taxes on Aircraft Purchases

A Review of Bonus Depreciation and Issues Related to Flipping an OEM Agreement

Tax and Other Planning When Hiring or Switching Charter Management Companies; New Rules for Corporate Aviation Acquisitions; Acquiring in the New Normal

Planning to Minimize the Impact of the Rules on Personal Use of Business Aircraft

Regulatory and Business Considerations in Choosing and Working With an Aircraft Management Company

Financing Issues in the Aircraft Market Today; How to GRAB an Underwriters Attention with Your Loan Package

Navigating International Aircraft Sales and Purchases

Understanding the Passive Activity Loss Rules; An Update on the Charter Market Place

Purchasing An Aircraft: The Contracting Process

State Sales and Use Taxes

Understanding the Passive Activity Loss Rules; An Update on the Charter Market Place

Outlook for Business Aviation: An Indispensable Industry

Title Insurance / International Registry / Workings of FAA

Life Cycle Cost Analysis; Large Cabin Class Aircraft Values – Current Trends; Federal Excise Tax Tips for the Unwary

2010 Bonus Depreciation; Use of a Special Purpose LLC or “S” Corp to Own an Aircraft

Conducting Aircraft Tax Free Exchanges


The following list is a full archive of GKG Law reports that are available to you for download:

Aviation Transaction Structuring

Competitive Positioning for Tomorrows Business Aviation Marketplace

Critical First Steps in Buying and Selling Aircraft

Current Hot Topics in Lease Versus Purchase Analysis

Selling a Used Aircraft Abroad—Unusual Business Issues

The Next Generation of Fractional Ownership Programs

Properly Structuring the Acquisition and Operation
of Business Aircraft (Part 1)

Properly Structuring the Acquisition and Operation
of Business Aircraft (Part 2)

Fractionals are not all Created Equal

The Coming of Age of Fractional Aircraft Ownership Programs

Critical First Steps in Buying and Selling an Aircraft

Business Jet Ownership—There's Never Been a Better Time

 

Federal Tax Planning

Aircraft Related Depreciation and Operating Expense Deductions

Depreciating Corporate Aircraft

Get Em While Their Hot—Bonus Depreciation is Back, But Only
For a Limited Time

Minimizing the Impact of Personal Use Disallowance Rules

Personal Use Flights—Income Tax Consequences to
Shareholders and Employees

Taxing the CEOs Jet—Federal Taxation of Private and Corporate Aircraft
Ownership and Operations

Tis the Season for Giving—Maximizing Your Aircraft Charitable Deductions

New Federal Excise Tax Liabilities for Whole Aircraft Operations
Under FAR Part 91 and for Fractional Ownership

Income Tax Implications of the Revisions to Op Spec A008:
Did the FAA Raise Your Taxes?

Maximizing Corporate Aircraft Deductions

Deducting Expenses Relating to Employee Use of Corporate Aircraft

Conducting a Reverse Tax-Free Exchange

IRS Issues Proposed Regulations on Entertainment Use of Business Aircraft

IRS Publishes Guidance for Calculating Disallowance of Expense Deductions
for Recreational use of Corporate Aircraft

Personal Use of Corporate Aircraft: Loss of Tax Write-Off's

A Primer on Aircraft Related Depreciation and Operating Expense
Deductions

Maximizing Federal Tax Deductibility of Aircraft Operating Expenses

Charging for use of Corporate Aircraft: Federal Excise Taxes

Reimbursement for Personal Use of a Business Aircraft:
The FAA vs. The IRS

Private Aviation Security Programs: Requiring Employees
to Use Employer-Provided Aircraft for Personal Flights
Can Have Income Tax Consequences

Use of a Special Purpose Entity for Aircraft: A Trap for the Unwary

The Great Aircraft Tax Shelter: Careful Planning Required

Extension of Bonus Depreciation Rules by Keith and Troy - Oct 2004

 

State and Local Tax Planning

Planning to Minimize or Avoid Sales Tax on Aircraft Purchases

Aircraft Use Tax and Substantial Nexus

Overview of State Sales Tax Considerations in Aircraft
Purchase Transactions

Sales and Use Tax for Pilots—An Aircraft Acquisition Primer for Pilots
and Aircraft Buyers

State Sales and Use Taxes, Early Planning is a Must

State Sales Tax Considerations in Aircraft Purchases

State Sales and Use Tax: Myths and Truths

Minimizing Sales Tax Exposure in Aircraft Acquisitions

 

IRS, FAA, DOT Regulatory / Compliance Issues

Operational Control—It's Not Just for Charter Carriers

Reconciling Federal Tax Planning with State Sales Tax
and FAA Considerations

Reimbursement for Use of a Company Aircraft, The FAA Requirements

Charter Management: New Directions from the FAA

Charter Management and the FAA: An Update

Obtaining Authority to Conduct On-Demand Air Charter
Operations under Part 135

Is Getting an FAA Charter Certificate for You?

Cape Town Treaty

 

Other Topics

Not All Flight Card Programs are Created Equal

Flying Your Favorite Federal (and State) Candidates and Elected Officials

International Aircraft Noise Certification

No Federal Air Transportation Excise Tax is Due for Certain Small Aircraft
and Air Tour Operations

Russia—Analytical Review of the Leasing Industry

The Legal Framework for Leasing in Russia During 2007

Globalization of Business Aircraft Ownership:
Increasing Volume of Cross-Border Transactions Creates
New Challenges for Aircraft Buyers and Sellers

Private Air Travel Options in the 21st Century

Assessing Aircraft Ownership Options Available Today

 

GKG Law, P.C. • Phone: (202) 342-5251 • Fax: (202) 965-5725 • info@aviationtaxlawyer.com