Thinking of Purchasing an Aircraft…Read this First!

If you are one of the fortunate California residents that have the means and wherewithal to purchase your own private aircraft, you need to make sure and finish reading this article before you sign on the dotted line.

With tax rates at historic levels in California (over 10% in some jurisdictions) the amount of use tax owed on your new ‘bird’ may be a six-figure sum. Wouldn’t it be great if there was a way to legally avoid paying use tax on that transaction? Well in California, while the options to eliminate your tax burden have been significantly narrowed from previous […]