Unfortunately, I received a form [...]

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Taxation during build?

Unfortunately, I received a form from my county requiring me to file a "return" for my aircraft which is still under construction having no instruments nor engine nor airworthiness certificate. I’m going to guess that when the lender registered the AC with the FAA this was "triggered".

It would seem to me, until an amateur built experimental is proven airworthy and completed phase 1 it has no value. I’m sure the county is going to say different. Anyone else experience this?

http://forum.canardaviation.com/showthread.php?t=6734&goto=newpost

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Taxation during build?

Unfortunately, I received a form [...]

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Unfortunately, I received a form [...]



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