Category: Youtube Sales Tax

  Transcript: For the California Interstate Commerce Exemption, documentation is critical. You want a thorough accounting of all the aircraft use both before entering California and during the 6-month period […]

  Transcript: Fly away sales tax exemptions are exemptions that are in place in many states that say you can come and purchase an aircraft in our state, and as […]

  Transcript: The California Interstate Commerce rule is a very attractive avenue to avoid California use tax. It requires the aircraft to be purchased outside California, used for a business […]

  Transcript: Although it isn’t required, a good practice for aircraft making use of the California Interstate Commerce Use Tax Exemption is to proactivity submit for a voluntary determination. Technically […]

  Transcript: The time for tax planning is before you complete a transaction. Nearly all states have sales tax and nearly all impose tax on aircraft the same as they […]

  Transcript: Aircraft may very well be operated and owned in one state, and then later moved to a new state, and the applicability of use tax upon that move […]

  Transcript: A common strategy that aircraft owners think of when registering their aircraft with the FAA and determining their state tax liability is how a state would possibly know […]

  Transcript: Whenever title to an aircraft changes hands, the parties need to think about sales tax. This often comes as a surprise because they don’t routinely make sales and […]

  Transcript: Most states in the US do not have separate state aircraft registries. That is, a valid FAA registration is enough to safely operate and own the aircraft in […]

  Transcript: Sales or use tax on an aircraft purchase can really affect the bottom line of a business. Generally, one should assume that either sales or use tax is […]