Every aircraft owner is potentially liable for a wide variety of state and local taxes: sales and use tax, income or franchise tax, personal property tax and/or registration tax. To make matters worse these tax laws vary from state to state, and can apply in multiple states. The attached article addresses the common problems, general concepts and several myths relating to taxation of aircraft.
State Taxes on Aviation
Post Category: Tax
- July 31, 2014
- Kent S. Jackson
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