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BTLG Table of Contents > Sales and Use Tax Annotations > A > 105.0000 Aircraft > Annotation 105.0293

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105.0000 Aircraft—Regulation 1593

Annotation 105.0293

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105.0293 Sublease in Common Carrier Service. Nothing in the language of section 6366.1 prevents the exemption from applying in a situation where an aircraft is purchased by a leasing company who leases it to another entity who in turn leases it to a carrier. The section exempts the sale of aircraft "which are leased, or are sold to persons for the purpose of leasing, to lessees using such aircraft as common carriers." A sublessee may operate as the carrier. 4/21/80.