When the Internal Revenue Code and the FAA Regulations Collide – What Results?
By Sanford Millar of MillarLaw A Professional Corporation On Monday, August 8, 2016
The Federal Aviation Administration (FAA) categorizes aircraft owners and operators into different categories. In general, the FAA grants an owner of an aircraft who operates the aircraft for personal use and enjoyment a certificate under Part 91 of the FAA Regulations. On the other hand, Part 135 of the FAA regulations governs the operation of … Continue reading When the Internal Revenue Code and the FAA Regulations Collide – What Results?