| Financing Techniques |
Section 415 Lease In late 2004 the U.S. enacted a replacement tax regime for the former Foreign Sales corporation (FSC) rules and resulting leases. The successor, the so-called Section 415 Lease, provides that a U.S. lessor may establish a foreign subsidiary for the purpose of leasing aircraft (and ships) in foreign commerce. If the subsidiary meets certain safe harbor tests, then the income from such leases will be substantially tax-free. This provides a powerful economic incentive for U.S. lessors to engage in foreign aircraft leases. The resulting reduction in lease costs can be dramatic for the lessee. AMBER International is well positioned to bring the benefits of the Section 415 Lease structure to qualifying lessees.
Arthur J. Bernstein |
| Leveraged Lease Section 415 Lease Pickle Lease Securitization Sale/Leaseback Purchase Negotiations Aircraft Sales Support |