(1) The following shall be exempt from taxation under the provisions of part 1 of this article: (a) Effective July 1, 1984, the sale of aircraft used or purchased for use in interstate commerce by a commercial airline; and (b) The sale of tangible personal property that is to be permanently affixed or attached as a component part of an aircraft. (2) The following shall be exempt from taxation under the provisions of part 2 of this article: (a) Effective July 1, 1984, the storage, use, or consumption of aircraft used or purchased for use in interstate commerce by a commercial airline; and (b) The storage, use, or consumption of any tangible personal property that is to be permanently affixed or attached as a component part of an aircraft.
C.R.S. § 39-26-711
Aircraft
Known as the Emergency Retail Sales Tax Act
The act spans §§ 39–39 (93 sections).
Digitized from: Public.Law — Colorado Revised Statutes. Reproduced from public-domain Colorado statutes; confirm against the official source for the current text. Not legal advice.