Aircraft Transactions - Tax-Free Like-Kind Exchanges of Aircraft (Part 1)

April 1, 2013

By:

World Aircraft Sales Magazine

U.S. Tax Code allows for the disposal of an asset, such as a business aircraft, and the acquisition of its replacement without generating a current tax liability associated with capital gains from selling the first asset. Attorney Chris Younger summarizes the procedures as they apply in practice to Business Aviation.

For More Information, Contact:

Chris Younger
Partner
202-342-5295
cyounger@gkglaw.com

PDF FileAircraft Transactions - Tax-Free Like-Kind Exchanges of Aircraft (Part 1)