AC7168 today

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CitationNation
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AC7168 today

#1 Post by CitationNation » Fri Jan 06, 2017 11:40 pm

Checkout AC7168 today!

Heard over the radio they need to fly to international airspace to avoid paying tax.

Interesting...Anyone know how that works?
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Jean-Pierre
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Re: AC7168 today

#2 Post by Jean-Pierre » Sat Jan 07, 2017 12:23 am

Yeah because this kind of abuse the system never has repercussion. :roll:
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altiplano
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Re: AC7168 today

#3 Post by altiplano » Sat Jan 07, 2017 3:08 am

PAE - Maybe a new plane pickup from Seattle going to KC for some work like interiors or something? Maybe has to come and leave from beyond US domestic airspace to not pay US/state tax on the work?
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PROC_HDG
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Re: AC7168 today

#4 Post by PROC_HDG » Sat Jan 07, 2017 7:12 am

This is standard ops for transfer of ownership on new airplanes to avoid tax. You can bet WJ is doing the same thing.

PROC_HDG
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spongebob
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Re: AC7168 today

#5 Post by spongebob » Sat Jan 07, 2017 8:11 am

Anyone know what are the tax rules regarding this and who benefits? Buyer or seller or both?

I know that if I buy a private aircraft, I will have to pay taxes prior to registering. If I build a home built aircraft, I have to prove I paid taxes on all my parts.

Is there a benefit if I'm buying a private aircraft to fly to international airspace to complete the transaction?
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Black_Tusk
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Re: AC7168 today

#6 Post by Black_Tusk » Sat Jan 07, 2017 12:11 pm

A friend of mine's father sells helicopters... rather, he brokers them. They regularly fly into international airspace to complete the transaction. I'm not sure how it all works, but I remember him telling me a bit about it. On a 20 million dollar heli it can add up to quite a bit as you can imagine.
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land3
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Re: AC7168 today

#7 Post by land3 » Sun Jan 08, 2017 3:32 pm

A Vancouver boat broker friend of mine quite often takes new purchasers down on a little learning trip to Point Roberts to sign off and hand the boat over to the new owner. Tax savings. Same with airlines.

I can remember my previous company would take new aircraft deliveries from Boeing on handover flights offshore for the same reason.
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airboy1
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Re: AC7168 today

#8 Post by airboy1 » Mon Jan 09, 2017 1:05 am

Another reason to fly westjet!!! Not surprised.
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altiplano
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Re: AC7168 today

#9 Post by altiplano » Mon Jan 09, 2017 2:13 am

airboy1 wrote:Another reason to fly westjet!!! Not surprised.
What are you talking about?
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Re: AC7168 today

#10 Post by Bajan Pilot » Mon Jan 09, 2017 5:35 am

"Another reason to fly westjet!!! Not surprised"

airboy1, why would you make such a statement? I don't see the relevance.
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land3
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Re: AC7168 today

#11 Post by land3 » Thu Jan 12, 2017 4:44 pm

airboy1 wrote:Another reason to fly westjet!!! Not surprised.
...ignore the troll

WJ do the same thing.
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