streiker
Joined: 29 Mar 2006 Posts: 13
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Posted: Mon Aug 07, 2006 2:47 pm Post subject: RV9-List: sales/use tax RV 9 |
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And another good reason why all aircraft should be held inside a Delaware corporate entity.
There is no good reason to register the aircraft in the domicile that is sits.
Stephen D. Streiker
steve(at)streiker.com
M: +1 323 252 0277
From: owner-rv9-list-server(at)matronics.com [mailto:owner-rv9-list-server(at)matronics.com] On Behalf Of kerrjohna(at)comcast.net
Sent: Monday, August 07, 2006 9:57 AM
To: rv9- list; Kitfox
Subject: RV9-List: sales/use tax RV 9
recent threads discussed state use/sales tax on homebuilt aircraft. obviously utah monitors the faa registration. tax plus interest from the date registration was issued has been assessed. they have assigned a fair market value of $56,900 on the RV9. The tax levied is $3470.90.
it probably is not worth haggling over the fmv but raising the date from which interest is assessed might be worth a few pennies.
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_________________ Stephen D Streiker |
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