Aircraft Charter Rental & Leasing Service Forms for Orange
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FAQ
Typical exemptions include:Fly away exemption.Purchase for resale (often under a dealer's license, when taking an aircraft into inventory).Purchase for resale when resale includes leasing.Isolated and occasional sale exemption.
Most states impose a sales and use taxes of between 3% and 10% on aircraft purchase transactions, but there are exceptions. The tax rate for the use tax in any specific state will be identical to such state's sales tax rate. Sales taxes and use taxes are mutually exclusive.
An aircraft owned by a nonresident of Florida is exempt from use tax if the aircraft enters and remains in Florida exclusively for flight training, repairs, alterations, refitting, or modifications. The days the aircraft remains in Florida for these purposes are not included in the nonresident's 20-day period.
Taxiing (rarely spelled taxying) is the movement of an aircraft on the ground, under its own power, in contrast to towing or pushback where the aircraft is moved by a tug. The aircraft usually moves on wheels, but the term also includes aircraft with skis or floats (for water-based travel).
Section 179 is an Internal Revenue Code provision that allows for an election to deduct or expense the cost of an aircraft.
"Tickets are not inexpensive, but it's totally 100% worth it," Salyer says. "It's elegance at an extremely affordable price point." Set Jet currently flies to five of the most frequently traveled destinations on the West Coast: San Diego, Los Angeles, Orange County, Scottsdale, and Las Vegas.