Sales Tax Rate – 6.85%
Possible exemptions to sales tax and other non-sales related taxes –
Casual Sale “Yard Sale Rule” | Yes |
Fly Away Rule | No |
Trade In Value | No |
Credit for Tax Paid | Yes |
MX Parts Exemption | No |
MX Labor Exemption | Yes |
Aircraft Registration Fee | No |
Personal Property Tax | Yes; $2.858 for each $100 |
Jet Fuel Tax | Excise; ($0.01) |
AvGas Tax | Excise; ($0.02) |
Dedicated Aviation Fund | Yes |
Unique to State Taxes | Penalty for tax avoidance can be as high as 300% of value |