GA aircraft tax exemption coming your way?
GA aircraft tax exemption coming your way?
Connecticut aircraft owners could be getting a tax break. A bill before the state's legislature would exempt all aircraft from sales and use taxes on service, sales, and equipment. The Connecticut Joint Transportation and Finance committees unanimously approved Senate Bill 520. However, to ensure that the bill does not slip through the cracks before the close of the current legislative session, AOPA encourages you to contact your state senators and representatives and ask them to vote in favor of this bill.
April 14, 2006
A sophisticated welding process used to build Eclipse twin jets extends the airframe life, and the FAA has now approved longer limits.
Aircraft sellers can benefit from tips and AOPA resources to ensure the process goes smoothly.
Cars depreciate dramatically as they are driven off the dealer's lot and house values drop with the economy, but aircraft historically have not only kept their value, they sometimes exceeded it.