When COVID-19 hit the U.S., it brought travel to a screeching halt. As restrictions in the country loosen or are lifted altogether, many are wondering how traveling can be safely resumed, especially in a business setting. Many companies that have traditionally relied on commercial aircrafts are contemplating purchasing a private plane for associates to use instead.
In this webinar, Peter Stathopoulos discusses the tax implications of owning an aircraft and other important considerations related to financial and regulatory compliance. Listen to the recording below.