The image below is an example of the state legislative reports, with red text identifying the main information.
The Texas state legislature was not in regular session this year, therefore no legislation was introduced this year.
Sales Tax Rate – 6.25%; local taxes cannot exceed 2%
Possible exemptions to sales tax and other non-sales related taxes –
|Casual Sale “Yard Sale Rule”||Yes|
|Fly Away Rule||Yes|
|Trade In Value||Yes|
|Credit for Tax Paid||Yes|
|MX Parts Exemption||No|
|MX Labor Exemption||No|
|Aircraft Registration Fee||No|
|Personal Property Tax||Yes; for business aircraft|
|Jet Fuel Tax||N/A|
|Dedicated Aviation Fund||No|
|Unique to State Taxes|