PPRuNe Forums - View Single Post - John Travolta gifts his 707-138 to HARS
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Old 3rd Jul 2017, 10:24
  #117 (permalink)  
Aloha_KSA
 
Join Date: Sep 2008
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Originally Posted by 601
Maybe it is an offshoot of HARS (Albion Park) and was set up to facilitate the transfer of the aircraft.

There could be a lot of tax etc. implications.
Exactly. "Wyoming Corporations Division"... Wyoming is one state that has very simple and easy corporate set up rules and no taxes on foreign corporations. (The others are Delaware and Nevada. Delaware is where the big dogs run, and I personally am very skeptical of any corporation out of NV) This is most likely a simple, cost-effective vehicle to facilitate the transfer. Nothing to see here people. All is well.

On a different note, looking forward to seeing this aircraft at next year's Air Show.
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