Maine Exempts Sales of All Aircraft

Friday, November 11, 2011

With a recently enacted sales tax exemption, Maine now exempts sales of all aircraft and repair parts for aircraft. Before the enactment of this exemption, which is found at Me. Rev. Stat. Ann. § 1760(88-A), Maine provided limited exemptions for sales to and use by nonresident owners, sales of certain jet aircraft, and sales of repair parts for use in an aircraft used by a scheduled airline. The new exemption applies to all aircraft (regardless of the type of propulsion) sold to or used by all persons (resident or nonresident; individual or corporation; purchaser or lessor). However, this exemption has a limited duration, as it was enacted specifically for the period of July 1, 2011 through June 30, 2015.

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