Due to the complex interrelationship between federal tax planning, state tax planning and planning for regulatory compliance, “considering the state tax early in the transaction allows the buyer to make the most informed decisions about their ultimate tax cost,” said Jordan Miller, tax attorney at CenterPoint Aviation Law PLLC in Seattle, WA. Learn more about state aviation tax planning considerations, as well as NBAA state tax resources for members, in this week’s NBAA Flight Plan podcast.
International Business Aviation Council Ltd.