What taxation and customs laws apply to aircraft?

In Louisiana, taxation and customs laws that apply to aircraft include the Louisiana Department of Revenue’s Aircraft Tax, Louisiana Aviation Fuel Tax, and Louisiana Aviation Sales Tax. The Louisiana Aircraft Tax is imposed on the sale or transfer of aircraft and is levied at a rate of 3% of the sales price. The Aviation Fuel Tax is imposed on vendors of aviation fuel at a rate of 7.5 cents per gallon and the Aviation Sales Tax is imposed upon the sale, lease, or rental of aircraft in Louisiana at a rate of 5.7%. This tax is paid by either parties involved in the transaction. Additionally, the Louisiana Customs Law applies to all aircraft imported into the state for private, non-commercial use. Under the law, it is required that the aircraft be reported to the Louisiana Department of Revenue and taxes must be paid on any duty owed. These taxes will vary on the type of aircraft, its purpose, and the type of fuel used. Generally, aircraft taxes in Louisiana are due within 45 days of the purchase or transfer of the aircraft. If taxes are not paid by the due date, penalties and interest may be assessed, and failure to pay taxes can result in civil and criminal penalties.

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What taxation and customs laws apply to aircraft?

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