Kansas Employment Application and Job Offer Package for an Aviator
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How to fill out Employment Application And Job Offer Package For An Aviator?
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FAQ
If you qualify, you can claim the tax credit on your 2022 state taxes and reduce the taxes you owe by up to $5,000 per year. How long will this benefit be available? The Kansas Aviation Tax Credit is currently authorized for five years from 2022 to 2026.
WHAT PURCHASES ARE EXEMPT? Only goods or merchandise intended for resale (inventory) are exempt. Tools, equipment, fixtures, supplies, and other items purchased for business or personal use are TAXABLE since the buyer is the final consumer of the property.
Kansas has a state sales and use tax imposed at a rate of 6.3%. In addition, Kansas counties, localities and transportation development districts may generally impose additional sales and use taxes at rates of up to 5%. Isolated or occasional sales of aircraft are exempt from Kansas' sales tax.
You should carefully scrutinize fly-away exemptions before relying on them. Some apply only to non-residents (the state may require an affidavit in that regard) or to aircraft manufactured or completed in the state. Time periods for leaving the state vary greatly. Kansas allows 10 days; Colorado gives you 120.
New hires in the aviation sector that qualify can now receive up to $5,000 per year as a state income tax credit through 2026, totaling up to $25,000. The employee must have a degree or certificate from a qualifying program.