Tax Policy

Tax Policy

NAAA actively monitors federal legislation and regulations pertaining to the Internal Revenue Code and attempts to affect, where appropriate, tax relief to aerial application operations nationwide. Efforts the Association has been involved with include successfully lobbying Congress to offer complete tax relief from federal excise taxes levied on fuels used to perform agricultural and forestry aerial applications; and to provide tax relief to aerial operations making security enhancements to their facilities.

Tax Credits and Refunds For Ag Aviation Fuels and Facility Security

One of NAAA’s greatest services to the industry has been providing tax relief to aerial application businesses in the form of tax credits and refunds on aviation fuels used for farming purposes and for security improvements made at facilities storing ag chemicals. Be sure you know the rules and forms necessary to take advantage of these potential savings.

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