Alvaro Pascotto

Federal Tax Issues Surrounding Aircraft Ownership and Operations

NBAA Federal Aviation Tax Forum:
Federal Tax Issues Surrounding Aircraft Ownership and Operations
May 7, 2004 • Arlington, VA

Federal Tax Regulatory Update
Alvaro Pascotto, Esq., Morrison & Foerster, Los Angeles, CA

This session will review federal tax legislation items of interest to aircraft owners as well as new IRS administrative and court decisions.

NBAA Fractional Ownership & Part 135 Seminar

Operational Control of Business Aircraft in the New Environment
January 20, 2004 • Van Nuys, CA

Seminar Description

The FAA has changed the landscape of business aviation ownership and operations. Changes affect charter operators, fractional aircraft owners and program operators. How will these changes affect you? Are you ready?

In addition to answering these questions, this one-day NBAA Fractional Ownership & Part 135 Seminar will allow ample opportunities for you to interact with the country's leading experts on fractional and charter operations – the individuals who wrote the new fractional rule. Through this Seminar, you will understand your increased responsibility and the impacts to your operations in light of the recently published changes to the Federal Aviation Regulations (FARs), including the new Part 91, Subpart K – Fractional Ownership Operations and revisions to Part 135.

This Seminar will review in detail the new rule and revisions to the FARs, ownership and operator roles and responsibilities, tax implications and finance options, international operations, and aircraft registration considerations.

Presenters

This seminar will be presented by the industry’s leading aviation regulatory experts, most of whom served on the Fractional Ownership Aviation Rulemaking Committee (FOARC). Speakers will include:

• Gary Arber, Esq., Arber, Lannik & Badolato, LLP, Brookline, MA
• Douglas Carr, Director, Government Affairs, NBAA, Washington, DC
• Mark A. Dombroff, Esq., Dombroff & Gilmore, New York, NY
• Gary Garofalo, Esq., Garofalo Goerlich Hainbach, PC, Washington, DC
• Eileen Gleimer, Esq., Crowell & Mooring, Washington, DC
• Aaron Goehrlich, Esq., Garofalo Goerlich Hainbach, PC, Washington, DC
• Kent Jackson, Esq., Jackson & Wade, Overland Park, KS
• Dayton Lehman, Jr., Esq., Deputy Assistant General Counsel, US Department of Transportation, Washington, DC
• Alvaro Pascotto, Esq., Morrison & Forrester, Los Angeles, CA
• Katherine Perfetti, National Resource Specialist, Federal Aviation Administration, Washington, DC
• Brint Smith, ARM, Senior Vice President and Global Aviation Practice Leader, Marsh Private Client Services, Seattle, Washington

NBAA Tax Forum

June 12-13, 2003 • Marriott Westchester • Tarrytown, NY

Seminar Description

The NBAA Tax Forum is designed to provide an introduction to a variety of issues affecting aviation operations, including operations under Part 91 of the FAA regulations, reimbursement under Section 91.501 of the FAA regulations, rules pertaining to personal and non-business use of an aircraft, Federal excise taxes, depreciation and insurance trends. The Forum also includes a workshop on state and local sales, use and property taxes with an emphasis on the tax laws of New York and selected surrounding states, and a workshop on international tax and operations issues. There will be plenty of time for questions at the end of each presentation.

Common Challenges of Operating Abroad

3:00 p.m.–3:45 p.m.

This segment will focus on common challenges of operating abroad with emphasis on European Union operations, including Customs, value-added tax (VAT) and cabotage issues.
Alvaro Pascotto, Esq., Morrison & Foerster LLP, Los Angeles, CA

General Information

Don’t miss the next NBAA Business Aviation Forum & Static Display, coming to the Southern California area on March 28, 2003 at Long Beach Airport.

The NBAA Business Aviation Forum & Static Display is a day-long learning and networking experience designed to meet the needs of regional business aviation operators and vendors across the United States. The most recent Forum, held at Fort Worth's Meacham International Airport on November 14 featured 27 aircraft on static display, 52 indoor exhibitors, and over 1,500 attendees. This event complements NBAA’s efforts to communicate with Members locally and enables business aviation vendors and operators to interact at the local level.

California Aviation Tax Issues

Moderator: Nel Sanders-Stubbs Panel: Rob Zeitinger, Alvaro Pascotto, Irell & Manella; California Aviation Tax Issues

For More Information

For more information about exhibiting, contact NBAA’s Benjamin Jones at (202) 783-9266 or bjones@nbaa.org, or Joe Ponte at (202) 783-9452 or jponte@nbaa.org.

NBAA Tax Forum

February 6, 2003 • Anaheim, CA
Held in conjunction with the NBAA 14th Annual Schedulers & Dispatchers Conference and the NBAA Schedulers Professional Development Program (SPDP) Course

Seminar Description

This Forum is designed to provide an introduction to a variety of issues affecting aviation operations, including operations under Part 91 of the FAA regulations, obtaining reimbursement under Section 91.501 of the FAA regulations, rules pertaining to personal and non-business use of an aircraft, federal excise taxes, depreciation, FAA aircraft registration and related issues, and insurance trends. The Forum will conclude with a workshop focused on state and local sales, use and property taxes, with an emphasis on the tax laws of California and selected surrounding states. Finally, the speakers will make certain that there will be plenty of time for questions at the end of each presentation.

State Tax Workshop

This portion of the NBAA Tax Forum will include a general discussion of laws relating to state sales, use and property taxes, insofar as they relate to aviation operations and a more specific focus on the state sales and use taxes rules and laws of California, Arizona, Nevada, Washington and Oregon.

3:45 p.m.– 4:30 p.m.
An In-depth Analysis of California Sales, Use and Property Taxes

Alvaro Pascotto, Esq., Irell & Manella, Los Angeles CA

NBAA Fractional Ownership & Part 135 Seminar

Operational Control of Business Aircraft in the New Environment
January 20, 2004 • Van Nuys, CA

Seminar Description

The FAA has changed the landscape of business aviation ownership and operations. Changes affect charter operators, fractional aircraft owners and program operators. How will these changes affect you? Are you ready?

In addition to answering these questions, this one-day NBAA Fractional Ownership & Part 135 Seminar will allow ample opportunities for you to interact with the country's leading experts on fractional and charter operations – the individuals who wrote the new fractional rule. Through this Seminar, you will understand your increased responsibility and the impacts to your operations in light of the recently published changes to the Federal Aviation Regulations (FARs), including the new Part 91, Subpart K – Fractional Ownership Operations and revisions to Part 135.

This Seminar will review in detail the new rule and revisions to the FARs, ownership and operator roles and responsibilities, tax implications and finance options, international operations, and aircraft registration considerations.

Presenters

This seminar will be presented by the industry’s leading aviation regulatory experts, most of whom served on the Fractional Ownership Aviation Rulemaking Committee (FOARC). Speakers will include:

Gary Arber, Esq., Arber, Lannik & Badolato, LLP, Brookline, MA

Douglas Carr, Director, Government Affairs, NBAA, Washington, DC

Mark A. Dombroff, Esq., Dombroff & Gilmore, New York, NY

Gary Garofalo, Esq., Garofalo Goerlich Hainbach, PC, Washington, DC

Eileen Gleimer, Esq., Crowell & Mooring, Washington, DC

Aaron Goehrlich, Esq., Garofalo Goerlich Hainbach, PC, Washington, DC

Kent Jackson, Esq., Jackson & Wade, Overland Park, KS

Dayton Lehman, Jr., Esq., Deputy Assistant General Counsel, US Department of Transportation, Washington, DC

Alvaro Pascotto, Esq., Morrison & Foerster, Los Angeles, CA

Katherine Perfetti, National Resource Specialist, Federal Aviation Administration, Washington, DC

Brint Smith, ARM, Senior Vice President and Global Aviation Practice Leader, Marsh Private Client Services, Seattle, WA

NBAA - 11th Annual Tax Conference

11th Annual Tax Conference
September 9-10, 2002 • Orlando, FL
Held in conjunction with the NBAA 55th Annual Meeting & Convention.

Seminar Description

The NBAA 11th Annual Tax Conference is designed to provide a basis for understanding how the appropriate tax laws apply to a particular aviation operation. The first day of the Conference emphasizes issues such as aircraft registration, ownership and leasing options, application and enforcement of the FARs and insurance. A separate payment is required for this two-day Conference, which includes registration for the NBAA Convention and Static Display of Aircraft.

State Tax Workshop—Issue Spotting and Trends

This portion of the NBAA Tax Forum will concentrate on tax issues in Florida, New York, California, Texas, and Illinois and new developments in several other states relating to state and local sales and use and property taxes

Moderator: Joanne Barbera, Cooling & Herbers
Panel: Jed Wolcott, Wolcott & Associates, P.A.
Alvaro Pascotto, Irell & Manella, LLP
Phil Crowther, Law Offices of Phil Crowther