Taxation in the United States

Jun 2, 2009 - 6:47 AM
A 21-day sales tax exemption provision for out-of-state residents bringing newly purchased aircraft into Florida failed to pass the Florida Legislature las
Mar 31, 2009 - 4:54 AM
The Government Accountability Office (GAO) warned last month that the excise taxes that feed the Airport and Airway Trust Fund have been lower than previou
Mar 30, 2009 - 5:04 AM
In addition to the costs of acquisition, prospective buyers must consider the costs–especially insurance and taxes–they will incur once they own the aircra
Sep 2, 2008 - 6:42 AM
The governor of Missouri has signed a bill eliminating sales tax on aircraft repair parts, aligning the state with neighboring states having similar laws.
Jul 28, 2008 - 11:52 AM
A new federal tax-cut law contains an increase in the bonus depreciation percentage from 30 percent to 50 percent in the first-year allowance for the purch
Jun 30, 2008 - 7:25 AM
Business aircraft owners who want to move up have the option to engage in a “like-kind exchange”  that could save thousands of dollars in capital gain
May 21, 2008 - 11:10 AM
Business aviation operations in Arizona stand to benefit from new legislation that returns certain aviation tax revenues to the state’s airport improvement
May 15, 2008 - 5:01 AM
Under a provision of President Bush’s economic stimulus package, purchasers of new aircraft can take a first-year depreciation deduction of 30 percent for
Feb 27, 2008 - 5:44 AM
President Bush signed an economic stimulus plan on February 13 that extends bonus depreciation for new aircraft purchased and placed in service through nex
Dec 14, 2007 - 7:17 AM
When President Bush last month signed a tax law that extends the “placed-in-service” deadline to the end of next year for new aircraft buyers to qualify fo