NBAA Advocacy Delivers Best Practices on Exporting Aircraft from the U.S.

Addressing the confusion about the process of exporting aircraft and the requirements for making the necessary Electronic Export Information (EEI) filings, the National Business Aviation Association (NBAA) Tax Committee and Regulatory Issues Advisory Group joined forces to create the new, members-only resource, “Guide on Exporting Aircraft from the United States.”

The guidance and detailed scenarios now accurately reflect how business aircraft transactions occur, and provide clear direction to the industry, said Scott O’Brien, NBAA’s senior director of public policy and advocacy.

The “Guide on Exporting Aircraft from the United States” provides background information on export requirements and detailed information EEI filings, a significant source of confusion. To clarify which party is responsible for filing an EEI, NBAA had numerous conversations with the Census Bureau and Bureau of Industry and Security to review specific business aircraft scenarios. This engagement resulted in improved guidance on which party is responsible for EEI filings and detailed business aircraft transaction scenarios with feedback from regulators.

There are two aircraft export categories – permanent and temporary – and the guide focuses on the former, an “aircraft physically exported, usually under its own power, as part of a sale, lease or transfer of possession to a foreign person, or otherwise based outside of the United States for one year or more.” Temporary exports make brief sojourns and return to the U.S. within one year, and there is no transfer of possession.

An EEI filing includes pertinent details such as the parties involved in the transaction, the aircraft’s export classification and its value. Regardless of who owns the aircraft intended to be out of the United States for more than a year, an EEI, and its acknowledging AES Internal Transaction Number, are generally required on the aircraft’s first flight out of the U.S.

Learn more about the “Guide to Exporting Aircraft for the United States.”