Sales Tax Rate – 6%; plus 0-1.5% local taxes for first $5,000.
Possible exemptions to sales tax and other non-sales related taxes –
Casual Sale “Yard Sale Rule” | No |
Fly Away Rule | Limited |
Trade In Value | Yes |
Credit for Tax Paid | Yes |
MX Parts Exemption | Yes; for aircraft more than 2,000lbs CTOW |
MX Labor Exemption | Yes; for aircraft more than 2,000lbs CTOW |
Aircraft Registration Fee | No |
Personal Property Tax | No |
Jet Fuel Tax | Excise; ($0.069) |
AvGas Tax | Excise; ($0.069) |
Dedicated Aviation Fund | Yes |
Unique to State Taxes | Fractional ownership tax limited to $300 |