by Tiernan Siems

It’s no secret that holding title to an aircraft in a single purpose corporate structure can be a good method to address tax, liability and ownership issues that can be troublesome with direct ownership. And although the Internal Revenue Service treats these corporate structures as disregarded entities, the Federal Aviation Administration doesn’t quite see it that way. For obvious reasons, one of the chief concerns of the FAA is the safe and legal operation of aircraft under its vast jurisdiction. 

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