----[Please read http://ercoupers.com/disclaimer.htm before following any
advice in this forum.]----
As always, Ed, There are hidden exceptions::
The law only applies if you only fly your aircraft to and from the 12
"Displays." and nowhere else! The aircraft cannot be used for pleasure
flying! If your aircraft is not at one of the "Displays" that you applied
for in your tax exemption, you are fined at the highest possible rate.
In California they do inventory at airshows.
I applied for the exemption 1 year, and the next year I opted out of the
program.
Wayne Woollard
From: "Ed Burkhead" <[EMAIL PROTECTED]>
To: "Cflyin" <[email protected]>
Sent: Thursday, December 01, 2005 6:14 PM
Subject: [COUPERS-FLYIN] California tax on airplanes
----[Please read http://ercoupers.com/disclaimer.htm before following any
advice in this forum.]----
Californians, Did you know:
California has an interesting exemption from taxes on aircraft, for
aircraft
that are either, more than 35 years old, or which have 5 or less examples
in
existance. You must display the aircraft for 12 days a year. See info
here:
<http://rds.yahoo.com/_ylt=AuaHfLOkRoWb.9lZNeTXS29XNyoA;_ylu=X3oDMTE2a2g4MDI
yBGNvbG8DdwRsA1dTMQRwb3MDOQRzZWMDc3IEdnRpZANGNjQwXzg4/SIG=13ji9b5o3/EXP=1133
573574/**http%3a//www.co.stanislaus.ca.us/assessor/forms/aircraft.pdf%23sear
ch='ca%2520aircraft%2520taxes'>
Or
http://tinyurl.com/76fst
I have a historical plate on my Airstream trailer here in MI as it is only
$35.00 for 10 years.
Bill Czygan
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