With the expenditures associated with the purchase and operation of an aircraft, it is important to plan the acquisition and operation of your aircraft to maximize U.S. federal tax benefits. We are experienced in the unique tax planning considerations associated with aircraft ownership.

State tax considerations in aircraft matters can be a minefield for the unwary. The location where an aircraft is based, where the closing occurs, and how the aircraft is operated whether for business or commercial purposes can all contribute to tax exposure. 

We have experience both in successful planning to mitigate tax as well as representing clients before state taxing authorities in the event an assessment is received. Every circumstance is unique and requires proper planning as well as professional representation. 

Aircraft closings are subject to sales tax in many jurisdictions. Sales tax may be mitigated by closing in a tax-friendly jurisdiction. Even when sales tax is mitigated, use tax will generally apply and proper, fact specific, planning is required. We often work in coordination with your primary tax advisors and tax preparers to ensure the best possible outcome for the closing as well during the term of your aircraft ownership.

Our firm routinely assists clients with state sales and use tax planning by taking into consideration tax matters involving the commercial and or non-commercial operational structure of your aircraft. We also routinely and successfully represent clients in examinations and audits by state tax authorities associated with aircraft.