News & Analysis as of November 19, 2024

Internal Revenue Code (IRC)

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President Biden and Senators Support the Ramp Up in IRS Audits on Corporate Aircraft

Pillsbury Winthrop Shaw Pittman LLP on 3/25/2024

President Biden announced that he will focus on ending tax breaks for corporate aircraft and “cracking down on corporate jet loopholes.” Several aviation and labor organizations, including the National Business Aviation...more

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Inflation Reduction Act (IRA) › Unions › Internal Revenue Code (IRC)

President Biden and Senators Support the Ramp Up in IRS Audits on Corporate Aircraft

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