Sales Tax Rate – 5.5%; Aircraft over 6,000lbs propelled by one or more turbine engines are exempt
Possible exemptions to sales tax and other non-sales related taxes –
Casual Sale “Yard Sale Rule” | No |
Fly Away Rule | Yes |
Trade In Value | Yes |
Credit for Tax Paid | Yes |
MX Parts Exemption | Yes |
MX Labor Exemption | Yes |
Aircraft Registration Fee | Yes; $10 annually |
Personal Property Tax | No * see below |
Jet Fuel Tax | Excise; (0.034) |
AvGas Tax |
Excise; ($0.2950) Sales tax; (5.5%) |
Dedicated Aviation Fund | No |
Unique to State Taxes | Aircraft Excise tax in lieu of Personal Property Tax |