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 TCPA and State Aviation News |
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TCPA News No current news. State news Update 1/11/04: Tax exemption for historical aircraft -- In a letter to the CA Board of Equalization, Jay White, CPA President requested that the requirement of proof of attendance be delayed until 2005 since no certificates of attendance were issued during 2003. Aircraft owners had no knowledge that a certificate would be required for 2004. Officials of the Board of Equalization agreed and will issue a directive to all county assessors stating that the new requirement will become effective in 2005. Assessors will be directed to utilize the application form currently in use. No aircraft owner will be denied an exemption for not having a certificate of attendance for 2003. Links to SB 1059... Board of Equalization Clarification letter... California Senate Bill 1048 Aviation-related bills in the California Legislature |
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