Browsing: Tax

TAP Air Portugal reported a net profit of €4.1 million in 2025, a sharp drop from €53.7 million a year earlier, after a one-off accounting adjustment…

Over the past year, we’ve seen increased attention from the IRS, along with state and local tax authorities, regarding aircraft ownership, use and reporting. While this…

Washington Governor Bob Ferguson signed a new bill on Tuesday that repealed the state’s 10% luxury tax on high-value aircraft. Washington Senate Bill 5801 was introduced…

Thai Carriers Propose Jet Fuel Excise Tax Reduction | Aviation Week Network Skip to main content Adrian Schofield March 19, 2026 Credit: Nuttapong Wannavijid/Alamy Stock Photo…

BROUGHT TO YOU BY FLYING FINANCE If you own an aircraft and generate losses from it (through depreciation, loan interest, maintenance, hangar costs, and the dozen…

Fragmented regional greenhouse gas regulatory frameworks such as the EU ETS have increased the complexity of operating a global network and will be difficult to navigate,…

Ta Xbiex, Malta, Feb. 10, 2026 (GLOBE NEWSWIRE) — HansJet, one of Europe’s leading private aviation membership operators, has confirmed that its members will remain completely…

1. Aircraft Ownership Decisions Cannot Be Made in SilosTax, legal, and operational decisions are deeply connected. When those conversations happen independently, problems tend to surface later…

(The Center Square) – During a recent public hearing, no one testified in opposition to legislation aimed at stopping the implementation of a “luxury” aircraft tax,…

OLYMPIA – A proposal aimed at halting a new tax on high-value aircraft was the focus of a public hearing Thursday before the Washington State House…