By Molly McMillin, The Weekly of Business Aviation, April 18, 2022 (Original Article) This article has been republished with permission from the author and Aviation Week Network. The fast rise in […]
Despite having a reputation for being a difficult state for tax planning strategies, California has an incredible sales/use tax planning opportunity for aircraft owners. The California Interstate Commerce Exemption potentially allows aircraft owners to have their aircraft be completely exempt from sales/use tax in California throughout their entire duration of ownership. While the California Interstate Commerce Exemption does require specific planning, ACLG is well versed in the requirements and the record keeping rules required to obtain this incredible exemption.
ACLG has helped hundreds of our clients take advantage of the California Interstate Commerce Exemption throughout over 25 years in the general aviation industry. Through the use of our proprietary online flight log tool, we are able to easily capture all of the necessary information to prepare, submit, and defend your exemption. Once submitted and approved, we will provide you with a clearance letter approving the exemption from the California Department of Tax and Fee Administration (CDTFA).
While there are many companies that can assist with the California Interstate Commerce Exemption process, ACLG is unique in the industry that we are first and foremost a law firm and also assist in federal income tax planning, FAA compliance, and legal guidance, all of which is included in a fixed annual fee. This is why ACLG is the Tax, Legal, and Compliance (“TLC”) expert in the general aviation industry. Contact us today to see how you can start planning to save on your new aircraft acquisition!
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By Molly McMillin, The Weekly of Business Aviation, April 18, 2022 (Original Article) This article has been republished with permission from the author and Aviation Week Network. The fast rise in […]
Join us April 12th at 11AM ET to gain unrivaled insights into the business of aircraft transactions Our very own Suzanne Meiners-Levy will take part in a discussion regarding the […]
Although the global pandemic has recently disrupted business travel, there is no doubt that efficient and flexible air travel is an essential business need. As more entrepreneurs and businesses recognize […]
ADVOCATE CONSULTING LEGAL GROUP, PLLC. 3555 KRAFT RD. SUITE 240 NAPLES, FL 34105 AND 1300 N. WESTSHORE BLVD. SUITE 220 TAMPA, FL 33607. SUZANNE MEINERS-LEVY, ESQ. (239) 213-0066. TAX DISCLOSURE. WE INFORM YOU THAT ANY U.S. FEDERAL TAX ADVICE CONTAINED IN THIS COMMUNICATION (INCLUDING ANY ATTACHMENTS) IS NOT INTENDED OR WRITTEN TO BE USED, AND CANNOT BE USED, FOR THE PURPOSE OF (I) AVOIDING PENALTIES UNDER FEDERAL TAX LAWS, SPECIFICALLY INCLUDING THE INTERNAL REVENUE CODE, OR (II) PROMOTING, MARKETING OR RECOMMENDING TO ANOTHER PARTY ANY TRANSACTION OR MATTER ADDRESSED HEREIN. PRIVACY POLICY. TERMS OF USE.
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