NBAA’s 2025 Tax, Regulatory, and Risk Management Conference will bring together leading experts to address this year’s major tax policy changes on the federal level, as well as activities at the state level. To be held on October 12 and 13 in Las Vegas just ahead of NBAA-BACE, the conference will serve as a forum on issues such as impact of tariffs on cross-border transactions and maintenance operations, as well as on the renewal of bonus depreciation that was adopted in July as part of the budget reconciliation package.
“With so many moving pieces in the tax policy and regulatory landscape, this year’s conference is more essential than ever,” said NBAA general counsel and corporate secretary Benjamin Schwalen. “We’re seeing a return to 100% immediate expensing, aggressive state-level audits, and tariffs being assessed on aircraft transactions for the first time in decades.”
Plans call for sessions on these topics, as well as ownership structures, non-business use, and federal excise tax compliance. Participants will also discuss ramifications of IRS workforce reductions on ongoing audits.
Also, with the passage of the budget reconciliation bill, NBAA has published a members-only guide providing expert analysis on how bonus depreciation applies to new and preowned aircraft. The law reinstates full and immediate expensing on aircraft acquired and placed in service from January 20.