Emergency air transportation

From the 2024 DOR Tax Exemption Study

82.48.100(6) - Aircraft held for sale Description Aircraft held as stock in trade by a licensed aircraft dealer for the sole purpose of sale, exchange, delivery, testing, or demonstration purposes are exempt from the aircraft excise tax. Purpose The exemption treats aircraft held for sale the same as business inventories which are exempt from personal property tax. Taxpayer ($ in millions): savings FY 2016 FY 2017 FY 2018 FY 2019 State Taxes Unknown Unknown Unknown Unknown Local Taxes $0.000 $0.000 $0.000 $0.000 Repeal of Repealing this exemption would increase revenues. exemption Potential ($ in millions): revenue gains FY 2016 FY 2017 FY 2018 FY 2019 from full repeal State Taxes $0.000 Unknown Unknown Unknown Local Taxes $0.000 $0.000 $0.000 $0.000 Assumptions - The amount of exempted tax amount cannot be determined. - The Washington State Department of Transportation Aviation Division does not track this information. Data Sources None Additional Additional Information Information Category: Business Year Enacted: 1955 Primary Beneficiaries: Aircraft dealers Taxpayer Count: Unknown Program Inconsistency: None evident JLARC Review: JLARC completed a full review in 2009 2016 Tax Exe