Buying an airplane and keeping it on US registration
Joined: Dec 2002
Aviation Qualifications: ATP+Mil
Posts: 3,984
Likes: 567
From: Where the Quaboag River flows, USA
There’s a reason Canada’s largest OEM has its demo fleet in the US and on the N reg. New models were imported and put under N reg the day after the FAA TC was issued.
Joined: Sep 2001
Aviation Qualifications: CPL
Posts: 2,783
Likes: 203
From: Toronto
Luxury Tax Dropped on Aircraft and Boats
It remains on cars over $100K, which makes some sense as there's more revenue potential and not as many claiming a driving school exemption
I suspect the LT on aircraft and boats led to some employment loss in aircraft and marine support businesses when buyers began basing aircraft and boats in the US – plus more bureaucracy hours spent chasing limited revenue.
I suspect the LT on aircraft and boats led to some employment loss in aircraft and marine support businesses when buyers began basing aircraft and boats in the US – plus more bureaucracy hours spent chasing limited revenue.
