The Economic Fiscal Stimulus Package as it Pertains to Aviat Aircraft Husky / Pitts Retai Sales - Passed February 13, 2008.

Business Capital Equipment Expense
	1. Business Capital Equipment Purchases - Can be a New or Used Aircraft that is new to the business in 08. 2. First Year - Dollar for Dollar of Equipment Purchase Price up to $250,000 can be expensed. 3. Balance of Aircraft Purchase Price (if any) up to $800,000 depreciated on pro- rata basis for next 4 years.

OR Alternative Accelerated Bonus Depreciation Can Be Used This option is available if the Company has already used the Accelerated Equipment Expense on other assets purchased in 08.
	1. Capital Equipment can be expensed on a accelerated depreciation basis. 2. Aircraft have 5 year class life. 3. Up to half of purchase price in first year can be depreciated. 4. Balance of Purchase Price pro-rata basis over next 4 years.

Example: Business Capital Equipment Expense
	Husky MSRP	$ 250,000
	10 % Down Payment	$25,000
	Amount Financed
	20 year fixed 5.5%	$225,000
	Payment about $1,600 per month.
	Payment about $20,000 per year.

If the company earns $250,000 pre-tax profit, the company would pay the IRS about
$80,000 for tax liability.

If the Company does not purchase airplane then the company is out of pocket $80,000.

If the Company purchases and Airplane: the Company expenses $250,000 in 08. The Company has no Tax Liability for 08.

The Company does not pay $80,000 but instead keeps it's own money.

That $80,000 former potential Tax payment is now used to pay the capital acquisition cost for the next 5 years.

Also, interest on the loan of about $14,000 per year is deductible as another business
expense.

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What are you waiting for? The Government is paying YOU to buy an airplane. You buy a Husky, keep your own money and save by not paying taxes.

OR

You don’t buy a Husky, you pay the IRS $ 80,000, lose the benefits, lose your money and the hours of fun you could have had flying a Husky.