U.S. registered aircraft operating within the UK or the EU are subject to being assessed a value added tax of up to 26% of the value of the aircraft. \u00a0This is generally due to the fact that the UK\/EU view typical Part 91 operations as “commercial” under their rules. \u00a0While, in the good ‘ole days, large jets could be imported at a zero rate of VAT through the UK for free circulation, under pressure from the EU, the UK eliminated that process of import.<\/p>\n
Can a permanent import for free circulation still be accomplished on a U.S. registered aircraft? The answer, as usual, is “it depends.” \u00a0One alternative involves \u00a0an import into Denmark. \u00a0Other alternatives involve establishing a connection with a tax-neutral jurisdiction such as the Isle of Man. \u00a0It is much more difficult, however, to plan for the import after the aircraft is acquired into its U.S. tax-focused structure, since many (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" U.S. registered aircraft operating within the UK or the EU are subject to being assessed a value added tax of up to 26% of the value of the aircraft. \u00a0This is generally due to the fact that the UK\/EU view…<\/span><\/p>\n