Economy Prompts Aircraft Purchasers to Avoid Sales Tax More Than Ever
More Aircraft Purchasers Turning to Firm Specializing in Helping Them to Avoid Sales Tax
SACRAMENTO, CA: Foreclosures are soaring in California, with over 1,000 reported in the San Fernando Valley of Los Angeles in just the first two months of 2008, over four times as many as last year. There is a rarefied stratum of the economy that is less affected than most by the soaring foreclosures of single family homes. Individuals or businesses purchasing aircraft can afford to do so despite the economy.
But that doesn’t mean they want to throw money away, as the wealthy are often known to be even more careful with their money. Many of these individuals are working with firms like Aero & Marine Tax Professionals that show purchasers in California and Arizona how to avoid sales tax on an aircraft purchase. Avoiding this tax can often result in savings of $30,000 or more.
Thomas Alston, President of Aero & Marine Tax Professionals stated, “The effect of the economy on people who purchase aircraft is that they are even more determined than ever not to have to pay sales tax on their purchase. So we are seeing even more purchasers turning to us lately to help them avoid sales tax. There are a number of important considerations in avoiding sales tax, from when and where you take possession, to how and when your tax return is filed. If we get involved early enough in the process and the client follows our instructions to letter, we even guarantee that the client will not pay sales tax and will get an exemption from the California Board of Equalization.”
Thomas Alston is the President of Aero & Marine Tax Professionals, the pre-eminent experts in California and Arizona sales tax involving airplanes, vehicles or vessels. The company shows purchasers how to avoid sales tax and to make certain the full value of your next aircraft, vehicle or vessel goes into their pocket–not the Government’s. He has successfully filed hundreds of tax returns with the California State Board of Equalization. Mr. Alston is California’s premier specialist in legitimate tax avoidance on aircraft, vessels and vehicles, having published many articles on sales and use tax.