labbadabba
Pattern Altitude
***************Full disclosure I am firmly against this bill on principle. This post is not to debate the merits of the bill, rather to discuss the realities of the bill as they apply to aircraft ownership.*************
With the more generous tax code in relation to pass-thru companies how does this affect private individuals who own their aircraft through an S-Corp?
Will it encourage more people to set up similar structure to exploit the benefits the new tax code allows? Does it make more sense with the new tax code in-place to explore ownership at this point?
With the more generous tax code in relation to pass-thru companies how does this affect private individuals who own their aircraft through an S-Corp?
Will it encourage more people to set up similar structure to exploit the benefits the new tax code allows? Does it make more sense with the new tax code in-place to explore ownership at this point?