PROPOSED LIMITATION OF ILLINOIS COMMON CARRIER TAX EXEMPTION

On April 12, 2013, the Illinois Senate passed SB2326, which at the time of this writing is now being considered by the Revenue and Finance Committee of the Illinois House. Included in the bill is a significant change to the Illinois Common Carrier Tax Exemption (referred to as Illinois “Rolling Stock”) that should be of significant concern to the general aviation community. The change would directly affect the following Illinois taxes: Use Tax; Service Use Tax;

SUPPRESS YOUR N NUMBER – PRESERVE THE CONFIDENTIALITY OF YOUR FLIGHTS

Sales & Use Taxes, State and Local Taxation

CONTROLLING AIRCRAFT SALES TAX ON PURCHASES

Sales & Use Taxes, State and Local Taxation

Corporate Jet Investor Town Hall – Finance, Tax and All That Jazz (Webinar Replay)

View a replay of the town hall by clicking the video above, or following the link here.

As you know, these are unprecedented times for business aviation. We invite you to join the Corporate Jet Investor Town Hall as a way of staying connected and informed during this period.

Moderated by Alasdair Whyte, co-founder Corporate Jet Investor, each week CJI will tackle a different issue or topic through the knowledge of as many expert participants as possible.