James, about a year after I purchased my Seneca, I received a bill from New
York state. I paid the regular state tax for my area (Long Island) of 8%,
plus interest. As far as "loopholes", when I called up the tax department
and explained that the
plane was purchased in Connecticut, the person explained that the tax
becomes due when the plane first lands in New York, regardless of how long
it resides out of state. So theoretically, you can live in Manhattan, and
keep the plane in Teterboro,
and never pay tax . This was in 1988, things may have changed.
When did this 4% tax rate take effect?
"James Keane" wrote in message
om...
All,

I am about to purchase an aircraft that currently resides in CA. I am
planning to fly it back to NY and register it in New York. I
understand that there is a 4% sales tax on aircraft registered in New
York, due at the time of purchase.

Is anyone aware of any interesting loopholes to this sales tax law? I
understand that in some states, if the airplane resides in a state
outside of the new registration state for more than 90 days, the new
owner is exempt from sales tax.

Does anyone know if this is applicable to NY, or if there are any
other options I should be considering?

Thanks,
James