---------------------------------------------------------- RV9-List Digest Archive --- Total Messages Posted Fri 09/23/05: 2 ---------------------------------------------------------- Today's Message Index: ---------------------- 1. 09:12 AM - re[21] (Hollis Walter) 2. 09:56 AM - Re: Aircraft Registration fees and sales tax (John Disher) ________________________________ Message 1 _____________________________________ Time: 09:12:09 AM PST US From: "Hollis Walter" Subject: re[21] "Ci-iallis Sof-tabs" is better than Pfizer V-iiaggrra and normal Ci-ialis because: - Guarantes 36 hours lasting - Safe to take, no side effectts at all - Boost and increase se-xual perfoormance - Haarder e-rectiiions and quick recharge - Proven and c-ertified by e-xperts and d-octors - only $2 per tabs - Special offeer! These prices - are valid u-ntil 30th of September ! Cllick hereee: http://gsullivan-consulting.com depositor inhale hundredth perth seethe sari dreyfuss flagging wappinger pam classificatory demented fine dyeing brusque theretofore amateurish equipotent knowledge stu protozoan buxom siva nose dance inequitable coolheaded mung braggart document goldwater sanitate doldrum alive aura eclectic debility dogtooth argue fine barycentric mushroom atlantes ernie immobile bough shitepoke bayesian presentational whup anteroom debby accumulate grenade ________________________________ Message 2 _____________________________________ Time: 09:56:47 AM PST US From: "John Disher" Subject: RE: RV9-List: Aircraft Registration fees and sales tax --> RV9-List message posted by: "John Disher" Here in South Carolina we have that plus Personal Property Tax issues. I have an H-35 Bonanza that they felt deserved to pay a $1400.00 a year PPT and then I built a Kitfox, and I got an inquiry from the Assessors Office as to its value. I told them in that the legal definition of value is what a willing buyer and a willing seller will exchange an item for, and I will never sell the airplane because of liability issues, it has no value. They weren't buying that, and said that I had to affix a value. I told them that I was sure it was worth more than my neighbors gun collection, but surely worth less than his wife's antique furniture collection, How much do they pay? They said that they pay nothing because those things don't have a title and they only tax titled items, so because my hobby produces an item that it titled, I have to pay tax. I told them that I realized everybody needs to pay their fair share and I am willing to do that, so long as it is reasonable, but if they get carried away on the Kitfox like they did on that 40+ year old Bonanza, I would spend $300.00 to form a Delaware Corporation, which would then own the airplanes, and they would get nothing. They sent out a $1250.00 tax bill on the Kitfox and now I have a Management Corporation that owns both airplanes and it costs me about $150.00 a year for Corporate tax and the fee for the Delaware Company that handles everything for out of state Corporation owners. You might want to look into this. -------Original Message------- From: Albert Gardner Subject: RE: RV9-List: Aircraft Registration fees and sales tax --> RV9-List message posted by: "Albert Gardner" When you register the plane with the feds, AZ will send you a form that they will use to calculate the amount of tax. I called and told them the plane was not yet done and they said tell them when it was finished. Unlike many others I had listed a value on the bill-of-sale I included with the application for federal registration. It's not required by the feds and I suggest you leave it blank. After the plane was flying I contacted AZ tax people and paid the one-time tax (about 7 or 8% I think). There is no legal way to get around AZ tax for most of us. Albert Gardner Yuma, AZ