On 4/24/07 12:52 PM, in article
, "Stan - VA"
wrote:

On Mar 4, 8:50 pm, "Andy Smielkiewicz" wrote:
Any ownership/registrationtaxto be paid on new glider in Colorado?
California has one, Nevada doesn't.
Any ideas?

Andy

Andy,

FYI. A friend of mine got a request here in Colorado for sales tax on
the used LS4 he bought. He ignored it and they then sent him a notice
of valuation of $150,000. He will have to appeal it. It seems the
state of Colorado is now estimating very high if there initial request
is ignored.

Stan


Colorado has a sales tax for planes bought in Colorado, and a "use" tax for
planes bought elsewhere, but brought back to Colorado. By incredible
coincidence, those two work out so that the State gets the same amount of
money, regardless of where you bought the glider. I went through the whole
process about 18 months ago, on a glider bought in Massachusetts.

Get a real bill of sale, not just the FAA one: the State won't accept those
for valuation purposes.

It's a tricky process, because there are a lot of local taxes which can be
added on depending on where the ship will be based. My ship is based in
Elbert County, but I live in El Paso County (Colorado Springs). Had I used
my C/S address, it would have cost more for lots of little add-on taxes.

Ignoring the tax people doesn't work: they review the FAA registration
database, and if you miss the deadline, once they catch up to you there are
also late penalties involved.

Stay ahead of this one, is my recommendation.

The hardest part of the whole process for me, though, was getting a trailer
license plate from DMV. That was a real saga.

Bullwinkle