Nebraska Aircraft Affidavit, also known as the Nebraska Department of Revenue Aircraft Affidavit, is a legal document used to declare the ownership and value of an aircraft in the state of Nebraska. This affidavit is required to be completed by aircraft owners residing in Nebraska annually. It serves as a means for the state's Department of Revenue to assess property taxes accurately on aircraft located within the state's jurisdiction. The Nebraska Aircraft Affidavit necessitates the submission of specific details pertaining to the aircraft, such as the make, model, year, and tail number. Additionally, it is crucial to include information about the owner, including name, address, and contact details. The affidavit typically asks for the aircraft's value as of January 1st of the assessment year, which serves as the basis for determining property tax obligations. Failure to submit the Nebraska Aircraft Affidavit by the stated deadline may result in penalties or fines. It is essential for aircraft owners in Nebraska to understand that the affidavit is a legal requirement and compliance is mandatory. Different types or variations of the Nebraska Aircraft Affidavit may include: 1. Initial Aircraft Affidavit: This form is typically used when registering a new aircraft with the state of Nebraska or when an aircraft is first brought into the state. 2. Annual Aircraft Affidavit: This form is required to be completed and submitted by aircraft owners on an annual basis. It declares the aircraft's ownership, value, and other necessary details for accurate taxation assessment. 3. Transfer of Ownership Affidavit: This affidavit is used when transferring the ownership of an aircraft from one individual or entity to another within Nebraska. It is essential to update ownership information promptly to avoid any tax complications. 4. Aircraft Affidavit Amendment: In case of any changes to the previously submitted affidavit, an aircraft owner may be required to complete an amendment form. This could include changes in ownership, value, or other relevant details. It is crucial for aircraft owners in Nebraska to stay informed about the specific requirements and deadlines associated with the Nebraska Aircraft Affidavit to ensure compliance with state laws and regulations.