Aircraft Tax- Whether or not you have to pay sales tax or use tax following your purchase of an aircraft depends upon where you close the transaction and where you use and base the aircraft following the closing. Attorney Vincent Schindeler can advise you on strategies which may help to reduce or eliminate your sales tax liability after closing. Sales tax liability can be a substantial consideration depending upon the purchase price of your aircraft, and all buyers should be aware of this issue before closing.
Aircraft Tax – Aircraft Sales and Use Tax
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