Thomas A. Alston is CEO of AERO&MARINE Tax Professionals (http://www.aeromarinetaxpros.com). He has written sales and use tax articles for legal/professional publications. He?s publisher of ?TAX MATTERS,? dedicated to keeping California owners of aircraft and vessels informed about taxes. AERO&MARINE Tax Professionals is the premier California sales and use tax consulting firm specializing in the area of aircraft, vessels and vehicles.
Legally Avoid Tax For Aircraft Purchases Anyone who buys or flies an aircraft in California is subject to taxation, but purchasers can save thousands of dollars on sales and use tax.Of the 360,000 general aviation aircraft currently registered in the United States, 11% are based in California. Additionally, approximately 10% (250... Similar Editorial : The Big Purchases by Robert. | Source : Global Investments
What Is Tax Exemption Use the aircraft more than half the time in commercial interstate flight hours. This can be all Part 91 flight hours and each qualifying flight hour must have support that it is for a business purpos...... Similar Editorial : What Is A Tax Write Off by Jen Stevens. | Source : How Much Is My Income Tax