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Joseph F.R. Micallef - ArticlesCommon Carrier Tax Exemption DiscouragedThe common carrier is one of the most complex exemptions to complete, however there is a better alternative which will accomplish the exemption without the extra burden of the common carrier tax rules. "underground Regulation" is Main Basis to Deny Tax ExemptionThe Board of Equalization has relied upon a memorandum which explains "first functional use" as a basis to deny the sales and use tax exemptions for aircraft, vessel and vehicle purchases. Be Smart When Buying an AircraftWhen purchasing an aircraft you must be aware of the sales and use tax implications. There are many exemptions available. However, if you do not follow the form and substance of the law properly, you will owe the sales tax. Out of State Ownership Can be a Tax TrapRegistering an aircraft in an out of state Corporation or LLC, or to an out of state address may lead to excessive tax assessment from the California State Board of Equalization Legally Avoid Sales and Use TaxesCalifornia Sales and Use Tax: How to Legally Avoid California Sales and Use Tax on Aircraft Purchased for Business Operations
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