Did You Know Airlines Pay Local Property Taxes on Planes? In California It’s the Subject of...

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  1. BoardingArea

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    GringoLoco sends me to this Los Angeles Times article on the political fight over how the value of aircraft are assessed for California property tax purposes. That’s right… airlines (including cargo operators) pay about $80 million per year in business property taxes. This is based on the value of the aircraft and the amount of time the planes are in the state, and the taxes are paid to 11 different counties. County tax assessors value the aircraft, and estimate the time each aircraft spends in their county. …one “lead county” [is designated] to appraise the fleets of each firm. The lead county crunches the numbers for its assigned carriers — Los Angeles County handles American Airlines and FedEx, for example — and distributes its findings to the other counties, which calculate the time each plane… Continue reading Did You Know Airlines Pay Local Property Taxes on Planes? In California It’s the Subject of a Fight....

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