[Oz-mooney] Green paper....hmmm

[Tim Hamilton]

Not sure John but this is what is being offered by Moonry to U.S. residents  -
 
Mooney buyer can elect to write off over 70% of the cost of their airplane in the first year.
 
Details here -
 
http://www.mooney.com/own-a-mooney/2008-economic-stimulus-act-3.html 
 
Good to hear from you John - T i m.
> From: johnhillard at westnet.com.au> To: oz-mooney at mooney.org.au; oz-mooney at mooney.org.au> Subject: RE: [Oz-mooney] Green paper....hmmm> Date: Wed, 3 Dec 2008 21:36:01 +1100> > Idle curiosity, but what were the "government subsidies" available in> the 70's for buying aircraft?> regards> John> > On Wed, 3 Dec 2008 10:02:19 +0000, "Tim Hamilton"> <mainbeachtim at hotmail.com> said:> > > > Thanks Pete -> > > > Found this part particularly interesting -> > > > Ageing aircraft> > Well-maintained aircraft can operate safely for at least 20 years, but> > eventually will need to be> > replaced. Many general aviation aircraft built in the 1970s and purchased> > in large numbers when> > government subsidies were available are now in need of replacement. The> > cost of replacement> > aircraft, which are able to be financed over lengthy periods, needs to be> > included in business> > planning as part of businesses&#8217; ongoing cost base. While aircraft are> > eligible for accelerated> > depreciation under current tax arrangements, many submissions have called> > for further> > acceleration of taxation depreciation, investment allowances or direct> > subsidies to purchase> > aircraft. The General Aviation Action Agenda recommended direct subsidy> > of 50 per cent of> > replacement aircraft costs by government, subject to a commercial> > business case.> > > > Regards - T i m.> > > > > > > > From: peter.rejto at Oberlin.eduTo: oz-mooney at mooney.org.auDate: Wed, 3 Dec> > 2008 20:10:59 +1100Subject: [Oz-mooney] Green paper....hmmm> > > > > > You might like to read the GA section in the Green Paper released> > yesterday.> > > > My cursory reading didn't exactly make me think any significant changes> > are going to emerge.> > > > What say you?> > > > http://www.infrastructure.gov.au/aviation/nap/> > _________________________________________________________________> > Holiday cheer from Messenger. Download free emoticons today!> > http://livelife.ninemsn.com.au/article.aspx?id=669758 > regards> John Hillard> 50 Lakeside Avenue,> Mount Beauty, 3699, Australia> +61 4 1708 4400> > _______________________________________________> oz-mooney mailing list> oz-mooney at mooney.org.au> http://lists.mooney.org.au/mailman/listinfo/oz-mooney
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