The image below is an example of the state legislative reports, with red text identifying the main information.
Sales Tax Rate – 7.5%; plus 0-2.5% local tax.
Possible exemptions to sales tax and other non-sales related taxes –
|Casual Sale “Yard Sale Rule”||Limited to family members or a trust which is limited and revocable|
|Fly Away Rule||Yes|
|Trade In Value||No|
|Credit for Tax Paid|
|MX Parts Exemption||Limited|
|MX Labor Exemption||Yes|
|Aircraft Registration Fee||No|
|Personal Property Tax||Yes; 1-1.2% annually|
|Jet Fuel Tax||
Sales Tax; (7.5%)
|AvGas Tax||Excise; ($0.18)|
|Dedicated Aviation Fund||Yes|
|Unique to State Taxes|