Conklin & de Decker is releasing the new 2010 State Tax Guide for General Aviation in January 2010. The guide contains the latest taxes and fees imposed on general aviation in all 50 states and addresses the sales and use taxes applicable to aircraft sales, ownership, leases, parts, and labor.
In 2009 several states implemented tax law changes that affected general aviation and this can be expected again in 2010, company officials said. As the majority of state legislatures are only in session for a few months a year, this can cause rapid changes in their tax laws. Users of the State Tax Guide stay informed of these changes by regularly checking for updates via the software, company officials note.
Included in the State Tax Guide are common exemptions from the state sales and/or use taxes such as common carrier, occasional sales, fly-away and trade-in credits. Applicable registration fees, personal property taxes, jet fuel and aviation gasoline taxes are also covered. In addition to tax data, contact information for the Departments of Revenue and Aviation in each state is also included.
The State Tax Guide is PC based and has the ability to compare three states side by side, which enables users to compare tax rates and exemptions for the selected states.
A one-year subscription is $300 and is downloadable from the Conklin & de Decker website, enabling subscribers to have instant access. In addition, the subscriber receives downloadable updates throughout the year.
For more information: ConklinDD.com.