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The filing of an annual Aircraft Property Statement (PDF) is a requirement of section 441(d) of the California Revenue and Taxation Code. Statements are sent in order to gather the most up to date information on the property so that an accurate value can be determined.
It is important that the statement be returned every year. If you no longer own the aircraft, you are still required to notify the Assessor in writing. If a statement is not returned, an estimated assessment will be made using the best information available, and a 10% penalty on the assessed value will be added for failure to file a statement as mandated per California Revenue and Taxation Code, section 463.
Whenever the due date for filing an Aircraft Property Statement falls on a Saturday, Sunday, or legal holiday, the statement may be filed by the close of business (5 p.m.) on the next regular business day with the same effect as if it had been filed on the specified due date.
"Availablefor display to the public" means actual display or documented willingnessto display at either (a) an organized air show, (b) a museum, or (c) a specialdesignated area set aside for historical aircraft open to the public.
To qualifyas available for display to the public under any situation, other than (a),(b), or (c) above, an individual must document that the aircraft is displayedin such a manner that the general public may reasonable be assumed to be awarethat public viewing is clearly invited, and that there are reasonableaccommodations to allow public viewing of the aircraft.
To qualify as available for displayunder any situation also means that (1) there must be a reasonable effort tomake the general public aware of the display and (2) there must be reasonableviewing hours.
No. Making the aircraft available by appointment only is not a clear invitation for viewing issued to the general public. Also, an owner's home site will lack reasonable accommodations for public viewing in most instances.
No. Theplane must be displayed in a place where deliberate public viewing can beaccommodated during reasonable viewing hours.
As used in the statute, "available" means that if an aircraft was formally scheduled for display at a qualifying site and the display was canceled (e.g., because of rain), the date would count as a day available for display.
No. There is no requirement that the aircraft display site be in California.
No. For anticipated display in the initial qualifying year, the applicant need only certify that the aircraft will be made available for display at least 12 days in order to qualify for the exemption. The assessor can request additional information at a later date to verify compliance. If, at a later date, it is determined that the owner did not meet the exemption qualifications, an escape assessment can be issued.
Conveyance of passengers or goods for any business reason or use of the aircraft for any revenue-producing activity would constitute commercial purpose.
Yes. Owner recognition of business-related aircraft use is factual documentation that the aircraft is used for commercial purposes.
"General transportation" means conveyance of or travel from one place to another. Use of an aircraft for general transportation means flight of the aircraft from one place to another, for the primary purpose of transporting passengers, self or goods from one location to another. To constitute general transportation there must be flight from one place to another, not flights that originate and end in the same place with no intervening stop. Recreational flying, maintenance-related flying, and flights necessary to maintain the owner's pilot's certificate would not constitute general transportation unless the flights are primarily for the purpose of transporting goods or persons to another location. Flights to and from historical aircraft shows or displays do not constitute general transportation.
Yes. If an ownerremoves an aircraft from the taxing jurisdiction of a county and then returnsthe aircraft at a subsequent lien date, the fee is not required for asubsequent application filed for the same aircraft.
A separate application and fee is required for each aircraft. If an individual owns multiple potentially qualifying aircraft, then separate applications are required for each of the aircraft, with a fee charged for each application.
Yes. The application filed in the second county is the initial application in that county.
Sales tax and property tax are two different types of taxes.
California Constitution Article XIII and Revenue and Taxation Code section 201 state that all property is taxable unless it is stated that it is exempt. Personal property is not exempt.
The aircraft should be assessed where habitually situated. The location where an aircraft is habitually situated is the airport at which the aircraft is usually present when not in flight. If an aircraft spends a substantial amount of time at multiple airports, it is habitually situated at the airport where it spends the most ground time.
Either the Assessor’s request to file a valid statement was not received by May 7th or no statement was received. California Revenue and Taxation Code section 463 mandates that a late filing penalty of 10% of the assessed value be added for statements not timely filed by May 7th. The Assessment Appeals Board is the only authority with the ability to abate a penalty for late filing.
No. Unsecured bills are never prorated regardless of disposal date. Any proration of taxes should be done between the buyer and seller at the time of sale.
Bankruptcy does not relieve the Assessor of determining a fair market value. Assessed value and payment of taxes are separate issues. You should contact the Placer County Tax Collector at 530-889-4120 for issues regarding whether payment is required after bankruptcy.
Contact the Federal Aviation Administration, and notify the Assessor’s Office in writing with information regarding the sale or file an Aircraft Affidavit (PDF).
Please complete and return an Aircraft Affidavit (PDF) to the Placer County Assessor’s Office. Under California Law, the owner of an aircraft at 12:01 a.m, January 1 (lien date) is responsible for taxes and must be assessed at full value. Sale or disposal of property after the lien date does not relieve the Assessee of the obligation to pay taxes.
Please complete and return a Aircraft Affidavit (PDF) to the Placer County Assessor’s Office. Based upon that affidavit, an informal review of your assessment will be completed.
No. As a resident of California, your boat would be subject to taxation in the county the aircraft is located. The exemption would only apply if your residency is in the other 49 States and you are temporarily stationed in California. Should you change your residency to California then the exemption would cease.
No, you must be active duty assigned to California. Once you retire, you are no longer assigned to or required to reside in California.
No, only the servicemember would be qualified for the exemption. 66.6% of the assessed value would be exempt.
Yes. Since it is expected for active duty servicemembers to be temporarily away, the claim for exemption can be filed at any time without a penalty. However, without an annual filing, the aircraft will be assessed, a bill issued and due by the delinquent date. If you receive a bill and then file the claim, a correction to the tax roll will need to be submitted. Since the correction involves multiple offices, you will want to pay the bill to avoid any delinquent penalties, interest or liens. Once the correction is complete, you will receive a refund for any taxes paid. The Assessor’s Office has no authority to abate any penalties, interest or liens charged by the Tax Collector’s Office for delinquent taxes.
The value is determined by reviewing the annual Aircraft Property Statement, confirmed sales of similar aircraft, and value guides such as Aircraft Blue Book.
California Revenue and Taxation Code, Property Tax Rule 10, mandates that the Assessor include within the value all components of the full economic cost of placing property in service. An aircraft value may typically include an adjustment to the average retail base to add sales or use taxes, freight or shipping cost, labor and materials, or after-market additions.
For the purpose of California property taxation, aircraft are valued at their fair market value each and every year as of the January 1 lien date. Values determined for previous years cannot be used as a factor in determining the current year’s value. Values can increase as well as decrease from year to year because of fluctuations in the market. Aircraft, unlike real property, are not subject to a base year value or a minimum inflationary factor. The fair market value of an aircraft on lien date is unrelated to its net book value (purchase price less depreciation).
You may call, email, or write to the Assessor’s Office to discuss the value. When making a written request for an informal review, please note that if the value was the result of an estimated assessment made by the Assessor for failure to file a property statement by May 7, you will need to complete and return an Aircraft Property Statement (PDF) with your request for an informal review.
When writing to request an informal review, please provide the following in support of your opinion of value:
You can file an Assessment Appeal Application (PDF) with the Assessment Appeals Board online or by calling 530-889-4020. In order to appeal an assessment, you must file an Assessment Appeal Application with the Clerk of the Board, between July 2 and September 15 (or the next business day if September 15 falls on a weekend or holiday).
Should your value notice be the result of an escape assessment, you have 60 days from the date of the Notice of Enrollment of Escape Assessment to file an Assessment Appeal Application.