<p>Washington state has enacted a 10% “luxury” tax on the sale of so-called “noncommercial” aircraft that exceed $500,000 in purchase price and adopted a similar tax on operators flying within the state in noncommercial aircraft exceeding a value of $500,000. The taxes, intended for general and business aviation, are scheduled to go into effect with sales transactions completed starting April 1, 2026. The state does not define “noncommercial.” But under the state’s definition of “commercial” aircraft as airplanes “certified by the FAA for transporting persons or property,” the bill doesn’t seem to cover&nbsp;<em>any&nbsp;</em>aircraft or operators. State lawmakers concede the bill has problems in this area and that they need to fix terminology and clear up ambiguities to make sure the taxes reflect their intended purpose.</p>


U.S.: Washington State Luxury Taxes

2024 Corporate Aviation Leadership Summit

U.S.: Washington State Luxury Taxes

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