purchase of aircraft tagged articles (0-20 of 136) ( 0.003 seconds )
Aircraft Charter May Be Cheaper Than Regular By: J SchipperThough it may appear initially that private aircraft are a corporate luxury, they can actually save a business traveler money in some circumstances. Aircraft charters offer security, safety, flexibility and convenience.
First of all, to travel anywhere on short notice, be prepared to pay several times as much as you would if you had booked an economy ticket a few weeks ahead of time. Unfortunately, in today's fast moving business world, executives often do not have more t... Tags : aircraft charters , private jets , aircraft timeshares You Need to Know the Difference Between Sales and Use Tax or You'll Pay for Your Ignorance By: Thomas AlstonThis article contains information designed to help a prospective aircraft or vessel buyer to understand the maze known as California Sales and Use Tax Laws and Regulations. This first section will contain some definitions. It clears up questions, such as, "Who owes the tax?" and "What is use tax?" Tags : Aircraft sales tax , California aircraft tax , Jet sales tax , Vessel sales tax Aeromarinetaxpros.com: Contrary to What Is Being Said, There Is No Part 135 Sales Tax Exemption for Aircraft By: Thomas AlstonDuring the everyday conversations of aircraft dealers, brokers and prospective buyers the belief is being enforced that a Part 135 exemption exists in California. This belief is dangerous and misleading. Tags : aircraft purchase , aircraft sales tax , california board of equalization AeroMarineTaxPros.com: The Dealer License Myth By: Thomas AlstonMany times taxpayers call me when they receive a notice from the Board of Equalization; often they feel that they have been unfairly singled out. Many times they open the conversation with, “I have a dealer’s license. I don’t have to pay tax.” Unfortunately, I have to break the bad news. Tags : Aircraft sales tax , California aircraft tax , Jet sales tax , Vessel sales tax AeromarineTaxPros.com: Where Should I Take Possession Of My Aircraft? By: Thomas AlstonDefinition of physical possession: This is where a party representing the seller and a person representing the buyer transfer physical possession and control of the aircraft from the seller to the buyer. This question of “Where should I take possession of my aircraft?” comes up every day. Tags : Aircraft sales tax , California aircraft tax , Jet sales tax , Vessel sales tax AeromarineTaxPros.com: Is There a Legal Way To Avoid Sales Tax? By: Thomas AlstonEvery person who has contemplated an aircraft purchase in the last few years has asked the question, "Is there a legal way to avoid sales tax?" Most of these people ponder this question with the same seriousness as "Will I win the Lotto tonight?" Tags : Aircraft sales tax , California aircraft tax , Jet sales tax , Vessel sales tax AeromarineTaxPros.com: Legally Avoiding Sales and Use Tax on Aircraft Purchases -- A Challenge Best Left to Professionals By: Thomas AlstonAnyone who buys or flies an aircraft in California is subject to taxation, but specialists can help purchasers save thousands of dollars. Tags : Aircraft sales tax , California aircraft tax , Jet sales tax , Vessel sales tax AeromarineTaxPros.com: Out-of-State Affidavit Doesn't Exempt You From Filing a Tax Return For Aircraft Purchase By: Thomas AlstonMany sign affidavits when purchasing aircraft from a California retailer which allows them to make a purchase in a sales tax exempt manner. They probably have not been warned that subsequent to an audit of the retailer’s records the Board of Equalization will audit the purchase directly with them. Tags : Aircraft sales tax , California aircraft tax , Jet sales tax , Vessel sales tax AeromarineTaxPros.com: Misunderstanding Will Double Your Tax By: Thomas AlstonIf you have been overwhelmed by articles, advertising and friendly advice about the various schemes to legally avoid California Sales and Use Tax, let me set you straight about how to protect yourself. AeroMarine Tax Professionals (http://www.aeromarinetaxpros.com) handles this situation routinely. Tags : Aircraft sales tax , California aircraft tax , Jet sales tax , Vessel sales tax AeroMarineTaxPros.com: Off-Shore Delivery of a Yacht and 90 Days in Mexico Guarantees Nothing By: Thomas AlstonIn a recent ruling by an attorney for the California Board of Equalization, a taxpayer’s purchase of a vessel was held to be taxable. This was done in spite of support that an off-shore delivery occurred and the vessel remained in Mexico and outside California for more than 90 days. Tags : aircraft tax , aircraft purchase , airplane sale , aircraft sales tax , aircraft sale , Califor AeromarineTaxPros.com: Get it in Writing, or Pay the Price By: Thomas AlstonThere is an organizational axiom which exists that states If it is not in writing it isnt true. If an organization wants to hold another person liable for the expert advice they offer, the company receiving the advice would receive their instructions in writing. Tags : Aircraft sales tax , California aircraft tax , Jet sales tax , Vessel sales tax , Aircraft for Make your dream true to fly in luxury Private Aircraft By: JessicaThomsonPrivate Aircraft charter is probably on of the most convenient and comfortable means of travel around. The aircraft charter business has escalated with the growing number of people chartering the private aircraft. Tags : Air charter , Aircraft charter , Private jet hire , air charter service , private aircraft AeroMarineTaxPros.com: Transfer of Tangible Personal Property - Regulation 1595, Part 1 By: Thomas AlstonWhen contemplating the purchase of an aircraft, a potential owner must consider the ownership structure that will best suit their needs. Often, only afterwards, does the owner realizes they don't own the aircraft in the entity that is most beneficial for tax purposes or that limits their liability. Tags : Aircraft sales tax , California aircraft tax , Jet sales tax , Vessel sales tax AeroMarineTaxPros.com: Transfer of Tangible Personal Property - Regulation 1595, Part 2 By: Thomas AlstonBy transferring ownership of an aircraft from one entity or individual to another, a sales/use tax liability can be created. There are different types of transfers of ownership. Tags : Aircraft sales tax , California aircraft tax , Jet sales tax , Vessel sales tax AeroMarineTaxPros.com: Misapplying Board Annotations Will Result In A Tax Liability By: Thomas AlstonA recent case demonstrated how taxpayers can be at a disadvantage when it comes to understanding how to legally avoid sales/use tax. The taxpayer purchased his aircraft outside the State of California and intended to support a claim for exemption based on commercial use in his own business. Tags : Aircraft sales tax , California aircraft tax , Jet sales tax , Vessel sales tax Fractional Jet Ownership By: Ray Lam.They say that money can't buy everything, which may be true. However, it can certainly buy you a lot of timesaving, just ask anyone who has participated in fractional jet ownership, which can most easily be described as a "flying timeshare." Tags : private jets , , private jet , , jet charter , , aircraft charter , , charter flight , , private jet char AeroMarineTaxPros.com: Personal Property Exchanges By: Michael YeskThe tax deferred exchange offers businesses one of the last great opportunities to build wealth and save taxes. A business can dispose of its personal property, use all of the equity to acquire replacement personal property, defer the capital gain tax that would ordinarily be paid, etc. Tags : Aircraft sales tax , California aircraft tax , Jet sales tax , Vessel sales tax , aircraft pur Why choose fractional jet ownership? By: Alice CampbellIf you have to travel frequently and youre tired of current flying conditions, then perhaps we might have a solution for you. Did you hear about fractional aircraft ownership? If the answer to this question is negative, then we will be more than happy to present you with the facts. Tags : fractional aircraft ownership , fractional jet ownership , productivity , business , travel , flight Fractional jet ownership from frequent traveler to investor! By: Alice CampbellWhen it was first introduced, the concept of fractional aircraft ownership held the headlines of every newspaper. People were curious about the opportunities presented, including for frequent traveling and investment. Today, an increased number of businessmen are partial aircraft owners and enjoy a great deal of privileges. Tags : fractional jet ownership , fractional aircraft ownership , airport , flight , plane , travel , commerc