RV9-List Digest Archive

Tue 08/08/06


Total Messages Posted: 2



Today's Message Index:
----------------------
 
     1. 08:03 AM - Re: RV9-List Digest: 5 Msgs - 08/07/06 (Larry Rush)
     2. 08:13 AM - GPS & Autopilot Setup (Albert Gardner)
 
 
 


Message 1


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    Time: 08:03:21 AM PST US
    From: Larry Rush <k9hxt@sbcglobal.net>
    Subject: Re: RV9-List Digest: 5 Msgs - 08/07/06
    In Indiana they accept a copy of your bill of sale from Van's plus copies of the invoices for the kits, or quickbuild if applicable. That would be about $16k or $26k more of less. (probably more)Pretty easy on us home builders here. Sales tax is 6% here BTW. I certainly agree with the last thread. Larry, RV-6A built and flyin' "NINER LIMA TANGO SENDS" ---------------------- 1. 09:58 AM - sales/use tax RV 9 (kerrjohna@comcast.net) 2. 10:25 AM - Re: sales/use tax RV 9 (deuskid) 3. 11:04 AM - Re: Re: sales/use tax RV 9 (Dale) 4. 03:47 PM - Re: sales/use tax RV 9 (Streiker, Stephen D.) 5. 09:02 PM - Re: Re: sales/use tax RV 9 (Ralph Cloud) ________________________________ Message 1 _____________________________________ Time: 09:58:23 AM PST US From: kerrjohna@comcast.net Subject: RV9-List: sales/use tax RV 9 recent threads discussed state use/sales tax on homebuilt aircraft. obviously utah monitors the faa registration. tax plus interest from the date registration was issued has been assessed. they have assigned a fair market value of $56,900 on the RV9. The tax levied is $3470.90. it probably is not worth haggling over the fmv but raising the date from which interest is assessed might be worth a few pennies. <html><body> <DIV>recent threads discussed state use/sales tax on homebuilt aircraft.&nbsp; obviously utah monitors the faa registration.&nbsp; tax plus interest from the date registration was issued has been assessed. they have assigned a fair market value of $56,900 on the RV9.&nbsp; The tax levied is $3470.90.</DIV> <DIV>&nbsp;</DIV> <DIV>it probably is not worth haggling over the fmv but raising the date from which interest is assessed might be worth a few pennies.</DIV></body></html> ________________________________ Message 2 _____________________________________ BOE and they will create an account/file. When the plane is eventually registered (with the same serial number) they will have the prior payment on file and tax will not be assessed for items already taxed and paid. Just be sure to save copies of all your records/receipts/payments she warned. OPTION 2) Don't report or pay anything now, but pay it all at once when the plane is registered. The registration will trigger a BOE review and subsequent tax bill. I was surprised to hear her tell me that in either case, the Use Tax would be based on the price paid for the kit(s), NOT the value of the aircraft. She confirmed this with someone else in her office and gave me the example that if I paid $10,000 for the kit, even though the aircraft might be worth $80,000 finished, the Use Tax would only be based on the $10,000 kit price. I told her that this is done in stages over years and should I just send in additional Use Tax payments as more kits, engine, etc. were purchased. She said that if this project is multiple purchases over the course of time, it might confuse the BOE, and option #2 above would probably be better. She reiterated that if option 2 were selected the same would hold true, you would only be taxed on the purchase price of what you bought, NOT the value of the aircraft, again saying they would look at the receipts. Just reporting what I was told... but please take this with a grain of salt and confirm it with the BOE if you need to.


    Message 2


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    Time: 08:13:15 AM PST US
    From: "Albert Gardner" <ibspud@adelphia.net>
    Subject: GPS & Autopilot Setup
    I am using a ControlVision GPS (HP ipaq 4700) connected to my Trio EZ Pilot Autopilot and it is not working properly. Is anyone else using this same setup? I'm trying to resolve the problem and I'm wondering if it's working for someone else. Albert Gardner Yuma, AZ




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