New Yorkers who are considering buying an aircraft that will be based in the state can save at least 4 percent starting September 1. The sales and use tax exemption applies to all general aviation aircraft, whether Experimental, Light Sport, or certificated; piston or jet. There are no size or capacity restrictions. Michael Giardino, president of the New York Aviation Management Association, said the tax exemption "levels the playing field" with nearby states that have similar exemptions and removes the temptation for New Yorkers to base their aircraft outside the state. "You can bring your aircraft home," Giardino said. The state aviation association has been focused on this initiative for nearly a decade.
展开▼