Tax Matters

Overseas IT Company Obtains Sales Tax Exemption on Plane

Aero & Marine Tax Professionals Helps IT Company Get Tax Exemption on Company Jet

SACRAMENTO, CA: Aero & Marine Tax Professionals, (http://aeromarinetaxpros.com/) a tax firm specializing in aircraft and marine vessel tax consulting, was recently contacted by an international IT company located in southern California, seeking assistance with the aircraft sales tax exemption on a newly purchased Gulfstream GIV SP jet. Aero & Marine Tax Professionals helped the company obtain the tax exemption from the California Board of Equalization (BOE).

An executive from the company stated: “We’re an IT company, we travel the world for IT. We needed to have a longer range aircraft so we could expand the business into Europe, the UK, all overseas destinations. We heard about Aero & Marine Tax Professionals from other people at the airport. I would highly recommend to anyone buying an airplane that they call Aero & Marine Tax Professionals. Anytime I had a question, they always answered. Even when I called their cell phone, they took the time to help me out.”

Tom Alston, founder and owner of Aero & Marine Tax Professionals, stated: “This was our first time working with the company, and from start to finish everything went perfectly. The transaction went very well, they were able to get the full sales tax exemption on the plane. Despite the status of the company with its operation on an international scale, the case resolved simply. We look forward to working with them again if they are looking to get another plane.”

Aero & Marine Tax Professionals shows purchasers how to avoid aircraft tax and vessel tax in California and to make certain the full value of their next aircraft, vehicle or vessel goes into their pocket--not the government's. They have successfully filed hundreds of tax returns with the California State Board of Equalization. Mr. Alston has also published many articles on sales and use tax. His blog can be seen at http://aeromarinetaxpros.typepad.com.

Investment Company Gets Tax Exemption On Company Jet

Aero & Marine Tax Professionals Helps Investment Company to get Tax Exemption on Raytheon Beechcraft Premier 1A Jet

SACRAMENTO, CA: Aero & Marine Tax Professionals, (http://www.aeromarinetaxpros.com/), a tax firm specializing in aircraft and marine vessel tax consulting, recently helped an investment company to obtain a sales tax exemption on their purchase of a 2007 Raytheon Beechcraft Premier 1A jet. The exemption was obtained from the California Board of Equalization (BOE).

An executive from the company stated: “We’re an investment company, we use aircraft to fly the owners to meetings in various parts of the United States. It is much simpler and quicker to use a private aircraft rather than deal with airline schedules we have no control over, lines, flight delays and cancellations. With a private aircraft we can control that our principals can come back as soon as a meeting is over. Much more efficient. The Board of Equalization were requesting tax payments in excess of what were due to them. Aero & Marine Tax Professionals were referred to us by the attorney that was helping us with our property taxes. Our work with them went very smoothly. They requested documents, we provided them. They did a lot of work compiling them and handled all the transactions with the BOE. I would absolutely recommend them to others.”

Tom Alston, founder and owner of Aero & Marine Tax Professionals, stated: “The transaction in this case was slightly complicated by the fact that we were not approaching this transaction from the beginning. Requests and communications had already been exchanged between the BOE and the client. But it was still a simple matter to wrap up. And since we have the experience of about 1,000 filings with the BOE, there were no great difficulties in gathering the data and submitting it properly. All in all the case went very well.”

Aero & Marine Tax Professionals shows purchasers how to avoid sales tax, specifically how to avoid aircraft tax and vessel tax in California and to make certain the full value of their next aircraft, vehicle or vessel goes into their pocket--not the government's. They have successfully filed hundreds of airplane sales tax returns with the California State Board of Equalization. Mr. Alston has also published many articles on sales and use tax. His blog can be seen at http://aeromarinetaxpros.typepad.com.

Race Team Receives Sales Tax Exemption On Company Airplane

Company Assisted In Tax Case By Aero & Marine Tax Professionals

SACRAMENTO, CA: Aero & Marine Tax Professionals, (http://www.aeromarinetaxpros.com/), an aircraft and marine tax specialist company in northern California, recently helped a race team receive a sales tax exemption from the California Board of Equalization on the purchase of a Piper airplane.

An executive from the company stated: “We have a race team and we needed transportation back and forth to the various tracks. There are a few tracks that don't have commercial airports nearby, and our business schedule made the private plane a way to let us have the most time possible at the track before we had to get back to work. A couple of times we also had a couple of our team members with us. It was actually easier to have one airplane than multiple airline tickets."

"Our first airplane sales agent recommended Aero & Marine Tax Professionals to us. When we contacted them they were very professional and efficient. The whole process was no problem. They set us up with a whole list of things we needed to do from start to finish. Their office staff prepared everything and guided us through the process. When we got to the end of the period, their staff packaged everything up for the California Board of Equalization. I would most definitely recommend them to others! I actually wish we had known about them before we bought our boat! We'll definitely be back with them when we get another aircraft,” concluded the executive.

Tom Alston, Founder and Owner of Aero & Marine Tax Professionals, stated: ”We are getting more and more referrals coming from CPA’s because they know about the specialization we have in the field of legally supporting a claim for an exemption on the purchase of aircraft and vessels. It is best for anyone who is considering an aircraft purchase to involve us from the beginning. That makes it more likely that the client can avoid paying sales tax.”

Aero & Marine Tax Professionals shows purchasers how to avoid aircraft tax and vessel tax in California and to make certain the full value of their next aircraft, vehicle or vessel goes into their pocket--not the government's. They have successfully filed hundreds of tax returns with the California State Board of Equalization. Mr. Alston has also published many articles on sales and use tax. His blog can be seen at http://aeromarinetaxpros.typepad.com.

(Image credit: Flightlog )

Aero & Marine Tax Professionals Helps Global Exporter Get Tax Exemption on Plane

Global Exporter Wins Sales Tax Exemption On Airplane In Recent Case In California

SACRAMENTO, CA: Aero & Marine Tax Professionals, (http://www.aeromarinetaxpros.com/) a marine vessel and aircraft sales tax specialist firm in Northern California, recently assisted a global export company operating out of Cleveland, OH in obtaining a California state sales tax exemption on their private jet purchase. The aircraft is hangared in the San Francisco area. This was the second time that Aero & Marine Tax Professionals represented the company in obtaining a successful tax exemption on the purchase of an aircraft.

An executive from the global export company stated: “Our business is a national business. The plane gave us the ability to fly longer distances from the Bay area. We needed the flexibility of the private jet to avoid uncertainty of travel. Itinerary changes at the last minute and such become much more manageable. It just made sense to have a private jet. We simply provided the documentation that Aero & Marine Tax Professionals needed and it went from there. This is our second experience with Aero & Marine Tax Professionals, the first was on the recommendation of the attorney we were using in Cleveland.”

Tom Alston, founder and owner of Aero & Marine Tax Professionals, stated: “It went just as smoothly this time as the last. It was good to work with this company again. Our specialization is legally supporting a claim for a tax exemption for our clients from the state of California for the purchase of aircraft and vessels. Most tax firms do not have that specialization, so when clients come to us they get the benefit of our successfully handling over a thousand exemptions for clients. Even for those who are located outside of California, the plane may be subject to California sales or use tax. It's best to get us involved right at the beginning of the purchase process.”

Aero & Marine Tax Professionals shows purchasers how to avoid aircraft tax and vessel tax in California and to make certain the full value of their next aircraft, vehicle or vessel goes into their pocket--not the government's. They have successfully filed hundreds of tax returns with the California State Board of Equalization. Mr. Alston has also published many articles on sales and use tax. His blog can be seen at http://aeromarinetaxpros.typepad.com.

(Image credit: Mark Harkin )

Classic Automobile Restorer Receives Tax Exemption On Aircraft

Aero & Marine Tax Professionals Help Northern CA Company Get Exemption on Piper Meridian Plane

SACRAMENTO, CA: Aero & Marine Tax Professionals, Inc., (http://www.aeromarinetaxpros.com/) an aircraft and marine tax specialist company in northern California, recently helped a classic automobile restorer receive a tax exemption from the California Board of Equalization on the purchase of a Piper Meridian plane.

An executive from the company stated: “We have a business up in Idaho where we restore classic automobiles, and also have some multi-family real estate projects out of state. The aircraft is used for both businesses. I fly to Idaho for the restoration business, and I also fly to several states to look for multi-family properties. I got the information on Aero & Marine Tax Professionals from a friend. My initial contact with them was simple and straightforward. They gave us a good rundown of what their program consisted of, it was clear and concise, and I found the rest of their organization was the same. They told me what needed to be done and their follow-through was very good. I would absolutely recommend them to others!”

Tom Alston, founder and CEO of Aero & Marine Tax Professionals, stated: “There are many different scenarios of aircraft ownership in terms of where it is purchased and where it is used. Even if an owner takes possession of an aircraft in another state and hangars it in another state, there are instances where California may come after you for tax on the aircraft. They are being very aggressive in finding additional aircraft owners on which to assess sales and use tax. That's why companies should come to us before they purchase an aircraft. We know all the ways of legally avoiding sales tax on an aircraft purchase in California."

Aero & Marine Tax Professionals shows purchasers how to avoid aircraft sales tax and vessel sales tax in California and to make certain the full value of their next aircraft, vehicle or vessel goes into their pocket--not the government's. They have successfully filed hundreds of tax returns with the California State Board of Equalization. Mr. Alston has also published many articles on sales and use tax. His blog can be seen at http://aeromarinetaxpros.typepad.com.

Farming Company Gets Tax Exemption on Purchase of Pilatus Aircraft

Aero & Marine Tax Professionals Helps Farming Company Save Hundreds of Thousands on Taxes on Aircraft

SACRAMENTO, CA: Aero & Marine Tax Professionals (http://www.aeromarinetaxpros.com/), an aircraft and marine tax specialist company in northern California, recently helped a farming company in northern California receive a tax exemption on the purchase of a Pilatus aircraft.

An executive from the company stated: “We thank Aero & Marine Tax Professionals for getting us approved for the airplane sales and use tax exemption. It took a lot of work on their part and our personnel to complete this process. lf you keep good records, it proves that together you can make this happen. The exemption saved our company hundreds of thousands of dollars. We fly to most of the western states for business and we farm in California, Oregon, Washington, Idaho and Nevada. There are very few airports in the areas where we go that you can commercially fly into. By using the Pilatus, it saves us hundreds of hours in travel. I would recommend the Aero & Marine Tax Professionals without hesitation.”

Tom Alston, founder and owner of Aero & Marine Tax Professionals, stated: “We care about our clients enough to see that every part of the process goes smoothly, every record is properly kept and the case comes out right, with the client getting a tax exemption approved by the California Board of Equalization.”

Aero & Marine Tax Professionals shows purchasers how to avoid aircraft sales tax and vessel tax in California and to make certain the full value of their next aircraft purchase, vehicle or vessel purchase goes into their pocket--not the government's. They have successfully filed hundreds of tax returns with the California State Board of Equalization. Mr. Alston has also published many articles on sales and use tax.

A Subtle Form of Theft-Simon Black at SovereignMan.com

I received this information from a trusted source. I follow Simon Black at  Sovereign Man, you should also.

Notes from the Field 

Date: December 5, 2011
Reporting From: Santiago, Chile

 

Say what you want about him, but Bernie Madoff was a guy who knew how to keep the party going. For years, he ran one of the largest private-sector Ponzi schemes in history and always heeded the golden rule of financial scams: make sure your inflows are greater than your outflows.

He was finally done in when redemptions exceeded new investments. He didn't have enough cash to pay out investors, and he wasn't able to scam more people into paying in to the scheme. As a result, Madoff finally had to admit that the whole thing was a total fraud. 

Governments around the world are in similar situations right now with their own public sector Ponzi schemes. Faced with failed auctions, declining demand, and rising yields, politicians are having to resort to desperate measures.

Like any good scam artist, they're appealing to the masses first; all over Europe, governments are sponsoring new marketing campaigns suggesting that it's people's patriotic duty to buy government debt.

In Spain, they're actually issuing instruments called 'Bonos Patrioticos,' or 'patriotic bonds.' Ad campaigns say that the bonds are "good for you, good for the future." 

In Ireland, they've issued "Prize Bonds" which carry a 0% interest rate; instead of receiving interest, bondholders are entered into a weekly lottery contest.  Naturally, lottery winnings are only possible as long as people keep buying the bonds... pretty much the definition of a Ponzi scheme!

In Italy, they're rolling out the country's sports celebrities to encourage everyone to buy Italian sovereign debt. 

What's ironic is that Italy's dismal balance sheet is almost universally acknowledged. It's as if everyone knows the country has almost no chance of making good on its obligations, but they still feel the need to willingly throw away their hard earned savings for the greater good of political incompetence.

Thing is, it's not the millionaire sports stars, wealthy business leaders, or political elite who are buying these bonds... at least, not in anything beyond a token, symbolic amount. It's the average guy on the street who really stands to get hurt when the government finally capitulates.

This is a truly despicable act and amounts to theft, plain and simple. 

The United Kingdom, which is rapidly reaching this banana republic sovereign debt status itself, has unveiled a plan to issue roughly $50 billion in infrastructure bonds. This would be the equivalent of issuing $300 billion in the US-- not exactly chump change. 

Given Britain's already colossal debt level, private investors aren't exact diving in head first to loan the government even more money. 

Undeterred, British Chancellor George Osborne plans to 'highly encourage' UK pension funds to mop up about 60% of the total amount. "We have got to make sure that British savings in things like pension funds are employed here and British taxpayers' money is well used," he said.

In other words, 'we are going to make sure that British people buy our junk, one way or another.' 

The last year has seen numerous pension funds around the world, from the United States to Argentina to Hungary, be raided for the sake of keeping these Ponzi scheme going.  The UK is already lining up to be the next. 

It's one of the last acts of a truly desperate government to begin directing public and private savings into their Ponzi schemes. 

Fast-forward a few downgrades and you can plan on seeing the exact same thing in the United States-- appealing to people's patriotism to loan their hard-earned savings (if they even have any) to the Federal government at a rate of interest that fails to keep up with inflation.

It's nothing more than a very clever (and subtle) form of theft. 

 

Until tomorrow,

Simon Black
Senior Editor, SovereignMan.com

 

    

 

Tax Firm Helps Real Estate Company Obtain Tax Exemption On Jet

Aero & Marine Tax Pros. Assist  Another Client In Obtaining A Sales Tax Exemption

SACRAMENTO, CA: Aero & Marine Tax Professionals, a professional tax firm operating out of Sacramento California, recently assisted a company involved in the real estate business in Mexico to obtain a sales tax exemption from the California Board of Equalization on the purchase of a Cessna Citation CJ3 Jet. The company is a specialist in aircraft and marine vehicle sales tax exemption in state of the California.

In a recent statement, an executive from the company stated: “If we tried to travel commercially - there were security issues from the standpoint of the potential for violence in Mexico. There was also the aspect that the availability of direct flights was rare which added to the security issues. We were referred to Aero & Marine Tax Professionals by another of their clients that gave them a very good recommendation. We liked that their directions were very clear, especially as to the exact information needed, and what actions we had to do. We would recommend Aero & Marine Tax Professionals to others.”

Aero & Marine Tax Professionals founder, Mr. Tom Alston, stated the following: “We are dedicated to helping our clients reduce their tax burdens in the purchase of an aircraft or marine vessel. We've had clients who nearly lost their case with the California Board of Equalization merely for having their data in the wrong format and not including all of the requisite data in the process. But that's when they called us, and they obtained their tax exemption. We've never lost a case because we know exactly what we're doing when we begin. And we're at your service.”

Aero & Marine Tax Professionals shows purchasers how to avoid sales tax, specifically how to avoid aircraft tax and vessel tax in California and to make certain the full value of their next aircraft, vehicle or vessel goes into their pocket--not the government's. They have successfully filed hundreds of tax returns with the California State Board of Equalization. Mr. Alston has also published many articles on sales and use tax.

 

Company Works With Tax Firm To Obtain Tax Exemption On Cessna 525

Aero & Marine Tax Professionals Tax Firm Helps A Client Obtain A Sales Tax Exemption

SACRAMENTO, CA: Aero & Marine Tax Professionals, a tax firm specializing in aircraft and marine vessel tax in California, has helped another company obtain a sales tax exemption from the California Board of Equalization on the purchase of a Cessna 525 Citation Jet. The company is Southern California based and is in the gas and oil exploration business.

An executive from the company was available for comment. The statement from the company was very to the point: “Aero & Marine Tax Professionals did what they said they were going to do - in this world, that’s a good thing! I would certainly recommend you to others!” The company saved $174,000 dollars from the sales tax exemption on the jet they will use in their business.

Tom Alston, founder of Aero & Marine Tax Professionals, stated: “Our clients really say it all. Our purpose is simply ensuring you save money on the purchase of your aircraft or marine vessel. And we never lose. We have a perfect record in our cases with the California Board of Equalization, because our tax professionals have the details of this field of aircraft and marine vessel sales tax down absolutely cold, in all of its intricacy. When you are purchasing your aircraft or marine vessel for your company, it's best to have the tax experts on your side. That's what we're here for.”

Aero & Marine Tax Professionals shows purchasers how to avoid sales tax, specifically how to avoid aircraft tax and vessel tax in California and to make certain the full value of their next aircraft, vehicle or vessel goes into their pocket--not the government's. They have successfully filed hundreds of tax returns with the California State Board of Equalization. Mr. Alston has also published many articles on sales and use tax.

 

Aero & Marine Tax Professionals Obtains Sales Tax Exemption for Music Studio Company

Company Gets Sales Tax Exemption for Purchase of Bonanza G36 Airplane

Sacramento, CA: Aero & Marine Tax Professionals (http://www.aeromarinetaxpros.com), has obtained a sales and use tax exemption from the California Board of Equalization for their client, Gary Belz, owner of several music studios called House of Blues Studios and owner of Victory Equipment Rentals, both operating in the Southwest US, on the purchase of a Bonanza G36 single-propeller airplane.

Gary Belz stated: “When we got the request from the California Board of Equalization, we discovered that we were not at all prepared with the right information, nor was it in the right format. In interviewing different consultants to help us straighten up this situation we found Tom Alston's Aero & Marine Tax Professionals. Tom and his staff quickly organized us in searching for and finding all this information that we then forwarded to his staff. Then they put it together for presentation to the BOE. Working with Aero & Marine Tax Professionals was like joining a company, not just taking a service. I felt the personal touch of Tom, Jullie, and the others. It made me feel that I was being supported, rather than me having to hire somebody, and then me working for them, as is often the case with consultants. That was a primary thing, and I still feel there is a personal relationship. I would LOVE to recommend Aero & Marine Tax Professionals at any time.”

Aero & Marine Tax Professionals is a pre-eminent tax firm specializing in tax issues related to aircraft and vessel purchases in California. The company helps individuals and corporations legally avoid paying California sales and use taxes when buying an airplane or boat. Their unique knowledge and expertise has resulted in numerous and ongoing referrals from attorneys and accountants throughout the nation.

“We operate on a very simple principle at Aero & Marine Tax Professionals.” stated owner Tom Alston, “Any citizen has a perfect right to legally reduce their tax burden. We'd like to help you do just that if you're looking to purchase an aircraft or marine vessel.”

Aero & Marine Tax Professionals shows purchasers how to avoid sales tax, specifically how to avoid aircraft tax and vessel tax in California and to make certain the full value of their next aircraft, vehicle or vessel goes into their pocket--not the government's. They have successfully filed hundreds of tax returns with the California State Board of Equalization. Mr. Alston has also published many articles on sales and use tax and gives regular seminars on the subject. His blog can be seen at http://www.taxmattersblog.com.