Russian Government Eliminates Business Aircraft Tax

July 30th, 2008

For some brighter tax news, we look to the Russian government, which recently eliminated a punitive import tax on private aircraft. An article on AVWeb (free registration required) by Russ Niles states:

“The tax had driven many Russian business people to register their aircraft outside the country but that’s expected to change and also boost sales. Russia is seen as major market for business aircraft because of the lack of convenient transportation to its resource-rich hinterlands.”

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