House Ways And Means Committee Approves Bonus Depreciation | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-05.13.24

Airborne-NextGen-05.14.24

Airborne-Unlimited-05.15.24 Airborne-AffordableFlyers-05.16.24

Airborne-Unlimited-05.17.24

Sat, May 31, 2014

House Ways And Means Committee Approves Bonus Depreciation

Makes Accelerated Investment Expensing Schedule Permanent In The Tax Code

The House Ways and Means Committee has approved H.R. 4718, legislation to make permanent the immediate expensing of 50% of new investments in equipment and software. The change, if it makes it through the entire legislative process, is expected to have a significant impact on the sale of business aircraft by providing tax incentives for companies to do so.

NATA joined other major associations including the National Association of Manufacturers and the U.S. Chamber of Commerce in support of the legislation.

"NATA deeply appreciates the leadership of Chairman Dave Camp, Representative Pat Tiberi, and the other members of the Ways and Means Committee for approving legislation to make permanent this important job creating provision," said National Air Transportation Association President and CEO Thomas L. Hendricks. "Studies have shown that by encouraging NATA member companies, and others, to make additional immediate investments in the U.S. economy we can create over 200,000 jobs.”

FMI: http://waysandmeans.house.gov, H.R. 4718

Advertisement

More News

Bolen Gives Congress a Rare Thumbs-Up

Aviation Governance Secured...At Least For a While The National Business Aviation Association similarly applauded the passage of the FAA's recent reauthorization, contentedly recou>[...]

The SportPlane Resource Guide RETURNS!!!!

Emphasis On Growing The Future of Aviation Through Concentration on 'AFFORDABLE FLYERS' It's been a number of years since the Latest Edition of Jim Campbell's HUGE SportPlane Resou>[...]

Buying Sprees Continue: Textron eAviation Takes On Amazilia Aerospace

Amazilia Aerospace GmbH, Develops Digital Flight Control, Flight Guidance And Vehicle Management Systems Textron eAviation has acquired substantially all the assets of Amazilia Aer>[...]

Hawker 4000 Bizjets Gain Nav System, Data Link STC

Honeywell's Primus Brings New Tools and Niceties for Hawker Operators Hawker 4000 business jet operators have a new installation on the table, now that the FAA has granted an STC f>[...]

Echodyne Gets BVLOS Waiver for AiRanger Aircraft

Company Celebrates Niche-but-Important Advancement in Industry Standards Echodyne has announced full integration of its proprietary 'EchoFlight' radar into the e American Aerospace>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC