Aviation Forum - Buy Aircraft in USA and sell abroad

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Buy Aircraft in USA and sell abroad

Last post 01-05-2013, 3:34 AM by Shabab. 1 replies.


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12-29-2012, 5:47 PM 12101

violet angel
Joined on 12-30-2012
Posts 1

Buy Aircraft in USA and sell abroad

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Ladies and Gentlemen, I am trying to buy a new aircraft here in USA and sell it to a company based outside the United States. My question is do I have to pay tax on the aircraft if I buy it and sell it off immediately to a foreign company?

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01-05-2013, 3:34 AM 12118 in reply to 12101

Shabab
Joined on 01-05-2013
Posts 6

Re: Buy Aircraft in USA and sell abroad

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It all depends. If it is being exported outside. If you buy it and it gets N (November) registration on it then you need to pay tax.

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