Monty
Well-Known Member
I'm curious....
AR...has a horrible use/personal property tax regime. Aircraft are considered business property and assessed accordingly. If you sell the aircraft you must collect 7% sales tax. I had to pay about $900 dollars in use tax, plus annual business personal property tax for the privileged of flying my airplane.
I guess on the plus side my hangar rent for a municipal, towered, paved field with gas that is 5 min from my front door, and 10 min from work is only $175/mo...
So as far as GA goes what are the best and worst states?
AR...has a horrible use/personal property tax regime. Aircraft are considered business property and assessed accordingly. If you sell the aircraft you must collect 7% sales tax. I had to pay about $900 dollars in use tax, plus annual business personal property tax for the privileged of flying my airplane.
I guess on the plus side my hangar rent for a municipal, towered, paved field with gas that is 5 min from my front door, and 10 min from work is only $175/mo...
So as far as GA goes what are the best and worst states?
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