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  #63  
Old November 25th 05, 09:51 PM posted to rec.aviation.owning
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Default Aircraft tax question

"81mm" wrote:

Frankly, this tread started out with the question of buying an aircraft
and paying a tax.


Original Post:

When you sell an aircraft, what taxes apply to the seller? Is this a
capital gains/loss situation? We're talking about an aircraft owned by and
registered to a private individual and used for pleasure.