It doesn’t matter if you, “are a resident of Texas, took delivery in Kansas and registered it to a Delaware corporation,” says Aero & Marine Tax Professionals CEO Thomas Alston. “If your aircraft enters the the state of California any time in the first 12 months of your ownership, the state can assess a use tax on your airplane.” And that tax can add nearly 10% to the purchase price of your general aviation airplane.
Alston’s new e-book titled, “How to Legally Avoid Sales Tax on Your Next Aircraft or Vessel Purchase” is written to educate all would-be aircraft owners, regardless of state, on the importance of education and purchase planning.
In California, the state can levy a use tax on an owner, within the first twelve months of possession, if the aircraft is registered in the state, OR stored in the state OR used/flown in the state.
The book is available for $29.99 by calling 916-691-9192 x108 or at the Aero & Marine Tax Professionals website.