Sales Tax Rate – 5.6%; plus 0-7.1% local tax.
Possible exemptions to sales tax and other non-sales related taxes –
Casual Sale “Yard Sale Rule” | Yes |
Fly Away Rule | Yes |
Trade In Value | Yes |
Credit for Tax Paid | Yes |
MX Parts Exemption | No |
MX Labor Exemption | Yes |
Aircraft Registration Fee | Yes; ($5) |
Personal Property Tax | No |
Jet Fuel Tax | Excise; ($0.0305) |
AvGas Tax | Excise; ($0.0500) |
Dedicated Aviation Fund | Yes |
Unique to State Taxes | Aircraft Annual License Tax; (0.5% of fair market value) |