What's This? Tax Relief For Aircraft Owners? | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

 Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.01.24

Airborne-Unlimited-04.09.24

 Airborne-Unlimited-04.10.24 Airborne-Unlimited-04.11.24

Airborne-Unlimited-04.12.24

Join Us At 0900ET, Friday, 4/10, for the LIVE Morning Brief.
Watch It LIVE at www.airborne-live.net

Mon, Mar 22, 2004

What's This? Tax Relief For Aircraft Owners?

South Carolina County Gives 'Em A Break

Well, it's not much of a break, but every little bit helps, right?

The Horry County (SC) Council last week voted to cut taxes on general aviation aircraft, dropping the assessment ratio from 10.5 percent to four percent. While the former rate generated about $20,000 a year for the county, the new tax will only generate about $7,000.

While the measure passed, it did face stiff and lingering opposition from a couple of council members. Councilmen Marion Foxworth and Mike Ryan voted against the change. "This is nothing more than a rather large tax cut for a rather small group of people," Foxworth said, as quoted by the Myrtle Beach Sun-News.

But other council members said the change was vital because aircraft owners were voting with their wings and moving their planes out of the county. Right now, about 146 people have registered general aviation aircraft in Horry County.

FMI: www.horrycounty.org

Advertisement

More News

ANN's Daily Aero-Linx (04.13.24)

Aero Linx: Florida Antique Biplane Association "Biplanes.....outrageous fun since 1903." That quote really defines what the Florida Antique Biplane Association (FABA) is all about.>[...]

ANN's Daily Aero-Term (04.13.24): Beyond Visual Line Of Sight (BVLOS)

Beyond Visual Line Of Sight (BVLOS) The operation of a UAS beyond the visual capability of the flight crew members (i.e., remote pilot in command [RPIC], the person manipulating th>[...]

Airborne 04.09.24: SnF24!, Piper-DeltaHawk!, Fisher Update, Junkers

Also: ForeFlight Upgrades, Cicare USA, Vittorazi Engines, EarthX We have a number of late-breaking news highlights from the 2024 Innovation Preview... which was PACKED with real ne>[...]

Aero-News: Quote of the Day (04.14.24)

“For Montaer Aircraft it is a very prudent move to incorporate such reliable institution as Ocala Aviation, with the background of decades in training experience and aviation>[...]

ANN's Daily Aero-Term (04.14.24): Maximum Authorized Altitude

Maximum Authorized Altitude A published altitude representing the maximum usable altitude or flight level for an airspace structure or route segment. It is the highest altitude on >[...]

blog comments powered by Disqus



Change Display

Headlines Only | Headlines w/ Teasers | View Everything

Advertisement

Top Videos

Airborne 04.12.24: SnF24!, G100UL Is Here, Holy Micro, Plane Tags

Airborne 04.11.24: SnF24!, King's 50th, Top Rudder, Aileronics

Airborne 04.10.24: SnF24!, A50 Heritage Reveal, HeliCycle!, Montaer MC-01

See All

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC