X-Virus-Scanned: clean according to Sophos on Logan.com Return-Path: Sender: To: lml@lancaironline.net Date: Sun, 01 Sep 2013 20:39:20 -0400 Message-ID: X-Original-Return-Path: Received: from m1plsmtpa01-02.prod.mesa1.secureserver.net ([64.202.165.174] verified) by logan.com (CommuniGate Pro SMTP 6.0.6) with ESMTP id 6450538 for lml@lancaironline.net; Sun, 01 Sep 2013 20:38:18 -0400 Received-SPF: none receiver=logan.com; client-ip=64.202.165.174; envelope-from=jayph@fastairplane.net Received: from shuriken ([69.92.48.82]) by m1plsmtpa01-02.prod.mesa1.secureserver.net with id L0di1m00N1mPo4M010djQm; Sun, 01 Sep 2013 17:37:43 -0700 From: "Jay Phillips" X-Original-To: "'Lancair Mailing List'" References: In-Reply-To: Subject: RE: [LML] Tax haven states X-Original-Date: Sun, 1 Sep 2013 17:37:43 -0700 X-Original-Message-ID: <003401cea774$a3944050$eabcc0f0$@fastairplane.net> MIME-Version: 1.0 Content-Type: multipart/alternative; boundary="----=_NextPart_000_0035_01CEA739.F735DD80" X-Mailer: Microsoft Outlook 14.0 Thread-Index: AQLVjYAloeloBQPwV2xVyYXs20qy75ejzgAg Content-Language: en-us This is a multipart message in MIME format. ------=_NextPart_000_0035_01CEA739.F735DD80 Content-Type: text/plain; charset="us-ascii" Content-Transfer-Encoding: 7bit Nevada does have a sales tax on aircraft when the seller is a Nevada LLC and the sale takes place in the state. How do I know? I was required to pay it. Jay Phillips From: Lancair Mailing List [mailto:lml@lancaironline.net] On Behalf Of PETER WILLIAMS Sent: Sunday, September 01, 2013 5:32 PM To: lml@lancaironline.net Subject: [LML] Tax haven states Hi there Two states are well known for no sales tax on aircraft boats and other vehicles. 1. Create a corporation (you can do this yourself) 2. Use Nevada or Delaware 3. Get a registered agent. (About $125/year) 4. Register vehicle in the corp name Smile all the way to the bank TOTALLY LEGAL Where I live the tax would be 8 5/8%. That buys a lot of free lunches Peter > To: lml@lancaironline.net > Date: Thu, 29 Aug 2013 16:27:35 -0400 > From: dconkey@conksite.com > Subject: [LML] LLC for Insurance > > It appears I may have to create an LLC in another state in order to obtain insurance for our California based Turbine. The only Company (Meadowbrook) that will insure the plane does not have authorization for CA. > > Anyone on the list have experience doing this? The pitfalls and best way to go about doing this? Looking at Nevada for the LLC. > > BTW, we just had our first starts of the engine this weekend. It went well. Link below. > > http://www.youtube.com/watch?v=ppsSJB0kvXw > > Thanks, > > Denis > N750PJ > > Sent from my iPad > -- > For archives and unsub http://mail.lancaironline.net:81/lists/lml/List.html ------=_NextPart_000_0035_01CEA739.F735DD80 Content-Type: text/html; charset="us-ascii" Content-Transfer-Encoding: quoted-printable

Nevada does have a sales tax on aircraft when the seller is a Nevada = LLC and the sale takes place in the state. How do I know? I was required = to pay it.

 

Jay Phillips

 

From:= = Lancair Mailing List [mailto:lml@lancaironline.net] On Behalf Of = PETER WILLIAMS
Sent: Sunday, September 01, 2013 5:32 = PM
To: lml@lancaironline.net
Subject: [LML] Tax = haven states

 

Hi there

Two states = are well known for no sales tax on aircraft boats and other = vehicles.

1. Create a corporation (you can do this = yourself)
2. Use Nevada or Delaware
3. Get a registered agent. = (About $125/year)
4. Register vehicle in the corp name

Smile = all the way to the bank
  TOTALLY LEGAL

Where I live = the tax would be 8 5/8%. That buys a lot of free lunches

Peter =

> To: lml@lancaironline.net
> = Date: Thu, 29 Aug 2013 16:27:35 -0400
> From: dconkey@conksite.com
> = Subject: [LML] LLC for Insurance
>
> It appears I may have = to create an LLC in another state in order to obtain insurance for our = California based Turbine. The only Company (Meadowbrook) that will = insure the plane does not have authorization for CA.
>
> = Anyone on the list have experience doing this? The pitfalls and best way = to go about doing this? Looking at Nevada for the LLC.
>
> = BTW, we just had our first starts of the engine this weekend. It went = well. Link below.
>
> http://www.youtube.= com/watch?v=3DppsSJB0kvXw
>
> Thanks,
>
> = Denis
> N750PJ
>
> Sent from my iPad
> = --
> For archives and unsub http://mail= .lancaironline.net:81/lists/lml/List.html

=
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