Getting the most out of the 2010 Tax Relief Act.
The Federal Aviation Administration (“FAA”) has issued the Final Rule regarding the Re-registration and Renewal of Aircraft Registration, (“Final Rule”). The Final Rule becomes effective on October 1, 2010. The Final Rule requires all current U.S. registered aircraft to re-register and receive a new certificate of registration that will include an expiration date and only be valid for a period of three years.
- All current U.S.