New York –General Aviation Aircraft Exempt

SALT Report 3707 – Effective September 1, 2015, “general aviation aircraft” will be exempt from New York State and local sales and use tax. Previously, sales and use of “general aviation aircraft” were fully taxable in New York at a rate of up to 8.875 percent.

Further Information:

http://www.tax.ny.gov/pdf/memos/sales/m15_3s.pdf

http://www.lexology.com/library/detail.aspx?g=78eb4b6b-9812-4470-98bf-8940e3ca0a5e