If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. |
|
|
|
Thread Tools | Display Modes |
#11
|
|||
|
|||
|
#12
|
|||
|
|||
"cwby-flyer" wrote in message
oups.com... In Texas there is no property tax for personal use aircraft & if you purchase the plane from a private seller or out of state then there's no sales tax due either :-) I purchased my plane a few years ago from Iowa while living in Texas. I didn't have to pay a sales or property tax on the purchase while I lived in Texas. I then moved to Iowa some months later and then Iowa wanted me to pay the sales tax. I had to prove to Iowa that I was a Texas resident when I bought the plane. I paid the annual registration fee of $35 for Iowa. When I moved to Minnesota, I had to prove to them that the plane wasn't a new purchase. Being an older aircraft, it's now registered in Minnesota as a 'Classic' with a one time $25 registration fee. http://www.dot.state.ia.us/mvd/ovs/aircraft.htm http://www.dot.state.mn.us/aero/avof...creg/info.html -Greg B. |
#13
|
|||
|
|||
sales/property taxes
cwby-flyer wrote:
In Texas there is no property tax for personal use aircraft & if you purchase the plane from a private seller or out of state then there's no sales tax due either :-) An exception to that is if a Texas resident buys a plane (for personal use)and brings it home from an out-of-state aircraft dealer/broker who is selling aircraft as their usual line of business, then you must pay the state sales/use tax just the same as if you bought the aircraft from a dealer/broker who is headquartered inside Texas. Also if the Texas individual buyer also happens to be any kind of sole proprietor business owner who holds a state sales tax permit (e.g. he might own a retail store that sells musical instruments or lawn furniture or whatever) then he owes state sales/use tax on that plane he just bought, no matter where or from whom he bought it. That really sux. Some local govts also try to levy an annual property tax on your plane just like they do your automobile. The City of Addison TX comes to mind here. |
#14
|
|||
|
|||
sales/property taxes
No sales tax on used aircraft (or autos) in Arizona.
"John Doe" wrote in message news:yiD3f.3300$L24.2829@lakeread01... Are there any good websites out there that summarize by state what their sales taxes or property tax rates are for aircraft purchases? |
#15
|
|||
|
|||
sales/property taxes
No aviation sales tax or property tax in NY. They tax the heck out of you
for every thing else, but aviation stuff is untaxed, including aircraft, hanger rent, parts, and labor. "John Doe" wrote in message news:yiD3f.3300$L24.2829@lakeread01... Are there any good websites out there that summarize by state what their sales taxes or property tax rates are for aircraft purchases? |
|
Thread Tools | |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Fuel Taxes | john smith | Piloting | 0 | September 10th 05 12:49 AM |
Taxes and Flying Clubs | CHRISTOPHER SPIERINGS | Owning | 9 | February 11th 05 01:14 AM |
Your very own suspected terrorist | Michael | Piloting | 103 | February 3rd 04 10:24 PM |
Gov't wastes our taxes with pork-barrel spending | John Galt | Military Aviation | 0 | December 21st 03 04:54 PM |
How to avoid Aircraft Ad Velorem taxes........... | ArtP | Owning | 6 | August 27th 03 08:37 PM |