While it’s tempting to focus only on federal tax issues when buying a personal or business-use aircraft, state taxes need to be considered as well, because many states impose various types of sales, use and property taxes that can be significant. And…

Don’t Put Your. Client’s Shiny New Corporate Jet Into A Sole-Asset L.L.C. (Unless You Really Want to Create an Airline) By David T. Norton © 2005 ALL RIGHTS RESERVED As Published in the April, 2002, edition of the Texas Bar Journal You…