“The political support underpinning the OECD’s Base Erosion and Profit Shifting Action Plan (BEPS) can’t be under-estimated,” notes Haroun Asghar, Head of Tax at Etihad Airways. “It is the most significant development to international tax architecture for over half a century.”
As with other parts of the economy, the aviation finance sector – with companies often doing global business from favourable tax jurisdictions – will feel the effects of international tax reform.
Euromoney Institutional Investor Thought Leadership has worked with Deloitte to complete Game Changer not Game Over, a digital report which digs into the tax and related regulatory challenges facing aviation finance.
Drawing on a worldwide survey of over 400 senior executives from the aviation finance industry as well as in-depth interviews with senior industry executives and independent experts, this study looks at what changes to the tax framework will demand of airlines and aircraft lessors, how firms should be preparing now, and where the future will likely take us.