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.
Thomas A. Alston CEO and Founder of Aero & Marine Tax Professionals helps you to understand the traps and pitfalls that you need to be aware of to legally avoid sales and use tax.
Buy Tom's book today so you are ready for your next purchase of and Aircraft or Vessel; it can save you thousands in furture tax bills.