The image below is an example of the state legislative reports, with red text identifying the main information.
Sales Tax Rate – 6%; plus 0-1.5% local taxes for first $5,000.
Possible exemptions to sales tax and other non-sales related taxes –
|Casual Sale “Yard Sale Rule”||No|
|Fly Away Rule||Limited|
|Trade In Value||Yes|
|Credit for Tax Paid||Yes|
|MX Parts Exemption||Yes; for aircraft more than 2,000lbs CTOW|
|MX Labor Exemption||Yes; for aircraft more than 2,000lbs CTOW|
|Aircraft Registration Fee||No|
|Personal Property Tax||No|
|Jet Fuel Tax||Excise; ($0.069)|
|AvGas Tax||Excise; ($0.069)|
|Dedicated Aviation Fund||Yes|
|Unique to State Taxes||Fractional ownership tax limited to $300|