The recent tax overhaul championed by President Donald Trump is being credited with helping the business aircraft manufacturing industry emerge from a decade-long slump.
Tax Overhaul Credited for Rebound in Business Jet Sales
Key Takeaways:
- The 2017 Tax Cuts and Jobs Act, championed by President Trump, is credited with revitalizing the business aircraft industry after a decade-long slump.
- Key provisions of the new tax law, such as 100% bonus depreciation for new and preowned aircraft and lower corporate taxes, are driving this market recovery.
- This has led to increased sales of used aircraft and rising buyer interest in new models, with experts predicting a sustained upturn in the market, though buyers are advised to seek professional tax and legal guidance.
Key takeaways sponsored by Aviator Pro | Start Your Training ->
See a mistake? Contact us.
