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Taxes in California

 
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jcumins(at)jcis.net
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PostPosted: Tue Feb 10, 2009 5:23 pm    Post subject: Taxes in California Reply with quote
Well with the wife as a Ca Sales tax Appeals auditor, I have some
recommendations. Pay the tax on all the parts as you purchase them and
claim them on your state yearly return. This will keep the BOE department
off your case and will have proof the tax is paid on the actual cost to get
the plane.

If you wait until it is registered and the county and the state do there
annual comparison on taxes paid vs registered aircraft, and they will I can
promise you that. Paying as you purchase will save you a tone of $$ not
counting the penalties and fines and the back taxes and interest in the long
run.

Now as for property tax once it is registered you have to take that up with
the county you have the plane stored at.

Plan on 1% of the average value for the make and model and how it is
equipped.

Any one is welcome to contact me if they have questions.
John G. Cumins
President

JC'S Interactive Systems
2499 B1 Martin Rd
Fairfield Ca 94533
707-425-7100
707-425-7576 Fax

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