http://www.aeromarinetaxpros.com Informative articles on how to get an exemption from sales tax on an aircraft, vessel or vehicle purchase en-us Sun, 20 Jul 2008 08:00:19 PST http://www.aeromarinetaxpros.com/press5.htm A recent case demonstrated how taxpayers can be at a disadvantage when it comes to understanding how to legally avoid sales/use tax. talston@aeromarinetaxpros.com (Thomas Alston) Sun, 20 Jul 2008 08:00:15 PST http://www.aeromarinetaxpros.com/EXCH_P2_RA.pdf In our tax universe we are the kids who want to have fun and do what we want with our aircraft. The IRS and the State of California are the adults demanding order in our playground. talston@aeromarinetaxpros.com (Thomas Alston) Sun, 25 May 2008 08:00:15 PST http://www.aeromarinetaxpros.com/EXCH_P1_RA.pdf In our tax universe we are the kids who want to have fun and do what we want with our aircraft. The IRS and the State of California are the adults demanding order in our playground. talston@aeromarinetaxpros.com (Thomas Alston) Sat, 24 May 2008 08:00:15 PST http://www.aeromarinetaxpros.com/Commercial_1.htm There is a tremendous amount of rumor swirling around the state of California since the regulations pertaining to vehicles, vessels and aircraft were drastically altered effective October 1, 2004. talston@aeromarinetaxpros.com (Thomas Alston) Fri, 25 Apr 2008 08:00:15 PST http://www.aeromarinetaxpros.com/press4.htm The flurry of questions to our office has been primarily in the following areas. Therefore we are providing what might be considered an FAQ (frequently asked questions) list to help reorient the taxpaying public to the return of proper understanding of the available exemptions. talston@aeromarinetaxpros.com (Thomas Alston) Thu, 15 Nov 2007 12:00:15 PST http://www.aeromarinetaxpros.com/double-your-tax.htm If you have been overwhelmed by articles, advertising and friendly advice about the various schemes to legally avoid California Sales and Use Tax, let me set you straight about how to protect yourself. talston@aeromarinetaxpros.com (Thomas Alston) Wed, 14 Mar 2007 12:00:15 PST http://www.aeromarinetaxpros.com/Myth_1.htm Many times taxpayers call me when they receive a notice from the Board of Equalization (BOE); often they feel that they have been unfairly signled out. Many times they open the conversation with, "I have a dealer's license. I don't have to pay taxes." Unofrtunately, I have to be the one to break the bad news. talston@aeromarinetaxpros.com (Thomas Alston) Sun, 14 Jan 2007 12:00:15 PST http://www.aeromarinetaxpros.com/Capetown_1.htm I've been involved in the delivery of aircraft for nearly 30 years. Collectively, attorneys in our firm have been involved in the purchase, sale or delivery of over 1,500 commercial and business aircraft. talston@aeromarinetaxpros.com (Thomas Alston) Mon, 14 Aug 2006 12:00:15 PST http://www.aeromarinetaxpros.com/Where_1.htm The question of "Where should I take possesion of my aircraft?" comes up every day. The answer is always, "IT DEPENDS." talston@aeromarinetaxpros.com (Thomas Alston) Fri, 5 May 2006 12:00:11 PST http://www.aeromarinetaxpros.com/property-tax_1.htm Sales tax is a proper component of value when the assesor values personal property, including private aircraft. talston@aeromarinetaxpros.com (Thomas Alston) Thu, 5 Jan 2006 12:00:11 PST http://www.aeromarinetaxpros.com/AeroMarineLeaseBack.htm Regulation 1661 sets out the guideline for paying sales or use tax based on fair rental value. If the aircraft is going to be owned for a period of time that results in a usage rate that is calculated to create less tax than the original purchase price, this clearly is a legal, viable option for mitigating sales tax. talston@aeromarinetaxpros.com (Thomas Alston) Wed, 5 Oct 2005 12:00:11 PST http://www.aeromarinetaxpros.com/Complete_1.htm In the everyday world of aircraft and yacht ownership, the following story is played out from coast to coast. talston@aeromarinetaxpros.com (Thomas Alston) Tue, 22 Mar 2005 12:00:11 PST http://www.aeromarinetaxpros.com/is-there-a-way.htm Every person who has contemplated an aircraft purchase in the last few years has asked the question, "Is there a legal way to avoid sales tax?" Most of these people ponder this question with the same seriousness as "Will I win the Lotto tonight?" talston@aeromarinetaxpros.com (Thomas Alston) Tue, 11 Jan 2005 12:00:11 PST http://www.aeromarinetaxpros.com/common-carrier-exemption.htm Often people ask my opinion of the various exemptions that can be used to exempt an aircraft from California sales and use tax. talston@aeromarinetaxpros.com (Thomas Alston) Thu, 09 Sep 2004 20:00:11 PST http://www.aeromarinetaxpros.com/legally-avoiding-sales-tax.htm Anyone who buys or flies an aircraft in California is subject to taxation, but specialists can help purchasers save thousands of dollars. talston@aeromarinetaxpros.com (Thomas Alston) Wed, 09 Jul 2003 20:00:10 PST When Michael Thibodeau contacted the California Board of Equalization (BOE) in search of advice, he thought he was taking a prudent action, one that would ascertain whether he could bring a recently acquired aircraft into the Golden State before the 90-day waiting period was up--and still qualify for a use tax exemption. Thibodeau never dreamt that the advice he got would lead to a ruinous tax bill. http://www.aeromarinetaxpros.com/aviation-journals.htm talston@aeromarinetaxpros.com (Thomas Alston) Fri, 18 Apr 2003 20:00:10 PST This article contains information that is designed to help a prospective buyer to understand the maze known as California Sales and Use Tax Laws and Regulations. This first section will contain some definitions. It is intended to clear up questions, such as, "Who owes the tax?" and "What is use tax?" http://www.aeromarinetaxpros.com/boe-definitions.htm talston@aeromarinetaxpros.com (Thomas Alston) Fri, 18 Apr 2003 20:00:09 PST It is a question of whether a strategy to legally avoid or diminish taxes really exists. This means a strategy that will survive an audit. http://www.aeromarinetaxpros.com/save-thousands.htm talston@aeromarinetaxpros.com (Thomas Alston) Fri, 18 Apr 2003 20:00:08 PST In a recent ruling by an attorney for the Board of Equalization, a taxpayers purchase of a vessel was held to be taxable. This was done in spite of support that an off-shore delivery occurred and the vessel remained in Mexico and outside California for more than 90 days. http://www.aeromarinetaxpros.com/off-shore-delivery.htm talston@aeromarinetaxpros.com (Thomas Alston) Fri, 18 Apr 2003 20:00:07 PST "I do not live in California so I do not have to pay sales or use tax in California." This statement has been made by many people who have subsequently been assessed use tax by the California State Board of Equalization (Board) on the purchase of a vessel or aircraft that was used in California. http://www.aeromarinetaxpros.com/long-arm-of-boe.htm talston@aeromarinetaxpros.com (Thomas Alston) Fri, 18 Apr 2003 20:00:06 PST During a recent discussion with a business owner, he told me he was not required to have a sellers permit because he was a broker and not a dealer. He said he called the California State Board of Equalization (Board) and they advised him he did not need a permit. http://www.aeromarinetaxpros.com/brokers-can-be-liable.html talston@aeromarinetaxpros.com (Thomas Alston) Fri, 18 Apr 2003 20:00:05 PST There is an organizational axiom that states, "If it is not in writing it is not true." If an organization wants to hold another person liable for the expert advice they offer, the company receiving that advice would receive their instructions in writing. http://www.aeromarinetaxpros.com/6596.htm talston@aeromarinetaxpros.com (Thomas Alston) Fri, 18 Apr 2003 20:00:04 PST Many people sign affidavits when they purchase aircraft from a California retailer which allows them to make a purchase in a sales tax exempt manner. If you fit into this category, you probably have not been warned that subsequent to an audit of the retailers records the Board of Equalization (Board) will audit your purchase directly with you. http://www.aeromarinetaxpros.com/out-of-state-affidavit.html talston@aeromarinetaxpros.com (Thomas Alston) Fri, 18 Apr 2003 20:00:03 PST