Aero & Marine Tax Professionals Gets Sales Tax Ruling Overturned

Company Secures Sales and Use Tax Exemption on Aircraft After Review of Case by CA Board of Equalization

Elk Grove, CA, October 27, 2012 --(PR.com)-- Aero & Marine Tax Professionals (http://www.aeromarinetaxpros.com/) recently assisted an aircraft resale company in Texas in getting a ruling reversed by the California Board of Equalization (BOE) and won the case for a sales and use tax exemption on behalf of the company. The aircraft was a Cessna Citation S550 jet.

An executive from the company stated: “We purchased an aircraft in California and took possession when we closed on the sale. Then we found out that the State of California wanted to charge us sales tax on the aircraft to the extent of about $46,000. We're in the business of purchasing aircraft for resale, but they attempted to charge us anyway. The original seller contacted Aero & Marine Tax Professionals on our behalf, as he was already using their service. Then we began the process of removing this tax liability. It took over a year, but that was due to the fact that California wanted proof that we hadn't taken it back into California. Aero & Marine got the tax liability removed. Everything went very smoothly with them; any delays were due to the State of California. We would recommend Aero & Marine to others.”

Tom Alston, President of Aero & Marine Tax Professionals, stated: “It is a little more complicated to get a case overturned that has already been ruled where our client owes use tax on an airplane, and get that aircraft an exemption. But we have handled cases like this before and we know the ropes. The client was very willing to work with us and go through every step of the process needed to overturn the ruling, and so the case came out fine.”

Aero & Marine Tax Professionals shows purchasers how to avoid sales/use tax, specifically how to avoid aircraft tax and vessel tax in California and to make certain the full value of their next aircraft, vehicle or vessel goes into their pocket--not the government's. They have successfully filed hundreds of tax returns with the California State Board of Equalization. Mr. Alston has also published many articles on sales and use tax. Their blog can be seen at http://aeromarinetaxpros.typepad.com.
Contact
Aero & Marine Tax Professionals
Tom Alston
916-691-9192
www.aeromarinetaxpros.com
ContactContact
Categories