Sales Tax On Airplanes In Florida
Buying an airplane for business or pleasure can be an incredibly exhilarating process. You’re investing in something that quite literally takes you to the sky and back. Make no mistake, though, it is an investment.
This can sometimes lead to buying an airplane to be tedious. You need to pay close attention to every detail. Nowhere is this more important than sales tax. Keep reading what you need to know about Florida sales taxes and buying airplanes.
Florida Sales Tax
Florida’s sales tax is 6%, which must be paid by everyone who buys an aircraft in the state. Online aircraft dealers and brokers are therefore required to collect this 6% sales tax from the purchaser at the time of sale or delivery. They then pay this to the Florida Department Of Revenue.
If you buy an aircraft outside of Florida and ship or fly, it here for primary use within the state, you have to pay what is called a “use tax.” This creates a uniform taxation code for all aircraft used throughout Florida. You must pay the use tax if:
- You buy an aircraft from someone who isn’t a registered aircraft dealer and the sale or delivery occurs in Florida
- You buy an aircraft in another state, territory, or District of Columbia and you bring it to Florida within six months of the purchase date
- You buy an aircraft in a foreign country and bring it to Florida at any time
Counties in Florida have the option to apply a local discretionary sales tax on the first $5,000 of an aircraft’s purchase price if:
- You buy an aircraft from a dealer or broker and brought to a location within a county with local ordinances that allow for local surtaxes
- You buy an aircraft from an individual within a county that has a local surtax
- You primarily use your aircraft within a county imposing a local surtax
These local surtaxes aren’t usually aren’t much. This is because, as mentioned, it’s only applied to the first $5,000 of your aircraft’s purchase price. Even so, it’s something to take into consideration.
When Is Florida Sales Tax Due?
The form that you use to report sales and use taxes for aircraft on your tax return is called a DR-15 AIR form. The DR-15 AIR form and the applicable tax payment are due to the Department of Revenue on the first day of the month. They’re considered late after the twentieth of the month following the month that:
- The aircraft was purchased in Florida
- The aircraft was delivered to a Florida location
- The aircraft enters Florida for use or storage
If the twentieth of the month falls on a Saturday, Sunday, or state or federal holiday, returns and payments will be considered timely if they are postmarked on the next business day.
Sales Tax Exemption
Now that we know about Florida sales tax and buying airplanes, the questions become what exemptions can you claim? While there aren’t many, there is one big one. Aircrafts sold by dealers or brokers to people who aren’t residents of Florida at the time of delivery of their aircraft are exempt from all sales tax.
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