US EditionWashington State Imposes 10% Tax On Luxury Aircraft
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Washington State Imposes 10% Tax On Luxury Aircraft
Washington state has introduced a new tax policy imposing a 10% tax on the sale of noncommercial aircraft valued at more than $500,000. Washington state Governor Bob Ferguson signed the legislation, Bill 5801, that is set to go into effect beginning April 1, 2026. Several aviation industry groups have voiced strong opposition to the bill, arguing it could harm businesses, agricultural operators and volunteer pilots who provide essential medical …
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