Anyone who buys or flies an aircraft in California is subject to sales and use tax, but specialists can help purchasers save thousands of dollars.
Imagine getting slapped with a $100,000 past-due tax bill from the State of California several years after you purchased an aircraft, and you don't even live in that state. Think it can't happen? Better think again, as this type of scenario plays out with increasing frequency as the State of California grapples with perennial budget shortages.
A recent report written by the Board of Equalization estimates that in a one-year period, over $54 million in taxes was being lost through the granting of exemptions. Considering the services of a sales tax specialist can enable individuals like you to be one of the fortunate individuals to keep your money in your account, not the government’s.
Contact us today and we can give you the tax help you need to legally avoid sales and use tax in California on your next purchase of an aircraft vehicle or vessel.