Conklin & de Decker has released its new 2011 State Tax Guide for General Aviation.
Packed full of critical tax information, the guide is a reference tool for aircraft operators, accountants, dealers, brokers, aviation law professionals, and others who deal with state taxes. The State Tax Guide contains the latest taxes and fees imposed on general aviation in all 50 states and addresses sales and use taxes applicable to aircraft sales, ownership, leases, parts, and labor, according to company officials.
In an effort to recoup shortfalls in 2010, numerous states looked to general aviation to increase taxes and this can be expected again in 2011, officials note. As the majority of the state legislatures are only in session for a few months a year, this can cause rapid changes in tax laws. Users of the State Tax Guide can stay informed of these changes by regularly checking for updates via the software.
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 even 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 3 states side by side, which enables users to quickly compare tax rates and exemptions for the selected states. In addition, subscribers receive downloadable updates throughout the year.
A one-year subscription is $300 and is downloadable from the Conklin & de Decker website for instant access.
For more information: ConklinDD.com