Form AST-3 "Virginia Aircraft Sales and Use Tax Return" - Virginia

What Is Form AST-3?

This is a legal form that was released by the Virginia Department of Taxation - a government authority operating within Virginia. As of today, no separate filing guidelines for the form are provided by the issuing department.

Form Details:

  • Released on July 1, 2012;
  • The latest edition provided by the Virginia Department of Taxation;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a fillable version of Form AST-3 by clicking the link below or browse more documents and templates provided by the Virginia Department of Taxation.

ADVERTISEMENT
ADVERTISEMENT

Download Form AST-3 "Virginia Aircraft Sales and Use Tax Return" - Virginia

Download PDF

Fill PDF online

Rate (4.4 / 5) 25 votes
FORM AST-3
Virginia Aircraft Sales and Use Tax Return
*VAAST3112888*
Virginia Department of Taxation
Office Use Only
PO Box 2468
Richmond, VA 23218-2468
Owner’s Name(s) (If individual list as last name, first name, middle initial. If corporation or partnership list legal business name.) Use back of form to list multiple owners.
v
Address
FEIN /SSN
v
v
City
State
ZIP Code
Virginia Account Number
v
v
v
v
1. Aircraft FAA Registration Number
Serial Number
N
2. Aircraft Make
Aircraft Model
Aircraft Year
3. Date Aircraft
Month(MM) Day(DD) Year(YYYY)
If the aircraft is not licensed in Virginia and was used in Virginia for 60 days during any 12 month period, please indicate the earliest Month/Year
this took place.
Purchased in VA or
Month
Year
Moved Into Va.
/
/
v
4. Name and Address of Seller
Name
Address
5. Sale Price of Aircraft, Including Attachments and Accessories
$
(No deduction allowable for trade-in. Must attach copy of Bill of Sale that includes purchase price.)
5a. Less Federal Manufacturer’s Excise Tax
$
(Deductible only if included in amount on line 6 and separately stated on invoice.)
5b. Amount of Sale Price of Aircraft Subject to Tax
$
(Line 6 less Line 6a.)
6. Current Market Value of Aircraft
(This item is applicable only if the aircraft is licensed in this State six months or more after its acquisition
$
without this State, in which case the tax will be computed on the current market value, or sales price,
whichever is less)
7. Tax
$
2% of amount on Line 5b, or Line 6, whichever is applicable
8. Less Credit Allowable for a Similar Tax Paid to Another State or the Virginia Retail Sales and Use Tax
Paid by the Owner On Component Parts for Construction of the Aircraft
$
(Attach copies of invoices showing tax billed and paid.)
9. Net Amount of Tax Due
$
v
(Line 7 less Line 8)
10. Penalty
$
v
11. Interest
$
v
12. Total Tax, Penalty and Interest Due
$
v
I declare that this return (including any accompanying document) has been examined by me and to the best of my knowledge and
belief is a true, correct and complete return.
Signature
Phone Number
Date
Contact Person
Email
Phone Number
Fax Number
Send Return, Payment and Copy of Bill of Sale
To:
For Assistance Contact:
Department of Taxation
Virginia Department of Taxation
P. O. Box 715
Virginia Aircraft Sales and Use Tax
Richmond, VA 23218-0715
P. O. Box 2468
Or
Call (804) 786-2450
Richmond, VA 23218-2468
Or
Visit Our website: www.tax.virginia.gov
Va. Dept. of Taxation AST-3 W Rev. 07/12
FORM AST-3
Virginia Aircraft Sales and Use Tax Return
*VAAST3112888*
Virginia Department of Taxation
Office Use Only
PO Box 2468
Richmond, VA 23218-2468
Owner’s Name(s) (If individual list as last name, first name, middle initial. If corporation or partnership list legal business name.) Use back of form to list multiple owners.
v
Address
FEIN /SSN
v
v
City
State
ZIP Code
Virginia Account Number
v
v
v
v
1. Aircraft FAA Registration Number
Serial Number
N
2. Aircraft Make
Aircraft Model
Aircraft Year
3. Date Aircraft
Month(MM) Day(DD) Year(YYYY)
If the aircraft is not licensed in Virginia and was used in Virginia for 60 days during any 12 month period, please indicate the earliest Month/Year
this took place.
Purchased in VA or
Month
Year
Moved Into Va.
/
/
v
4. Name and Address of Seller
Name
Address
5. Sale Price of Aircraft, Including Attachments and Accessories
$
(No deduction allowable for trade-in. Must attach copy of Bill of Sale that includes purchase price.)
5a. Less Federal Manufacturer’s Excise Tax
$
(Deductible only if included in amount on line 6 and separately stated on invoice.)
5b. Amount of Sale Price of Aircraft Subject to Tax
$
(Line 6 less Line 6a.)
6. Current Market Value of Aircraft
(This item is applicable only if the aircraft is licensed in this State six months or more after its acquisition
$
without this State, in which case the tax will be computed on the current market value, or sales price,
whichever is less)
7. Tax
$
2% of amount on Line 5b, or Line 6, whichever is applicable
8. Less Credit Allowable for a Similar Tax Paid to Another State or the Virginia Retail Sales and Use Tax
Paid by the Owner On Component Parts for Construction of the Aircraft
$
(Attach copies of invoices showing tax billed and paid.)
9. Net Amount of Tax Due
$
v
(Line 7 less Line 8)
10. Penalty
$
v
11. Interest
$
v
12. Total Tax, Penalty and Interest Due
$
v
I declare that this return (including any accompanying document) has been examined by me and to the best of my knowledge and
belief is a true, correct and complete return.
Signature
Phone Number
Date
Contact Person
Email
Phone Number
Fax Number
Send Return, Payment and Copy of Bill of Sale
To:
For Assistance Contact:
Department of Taxation
Virginia Department of Taxation
P. O. Box 715
Virginia Aircraft Sales and Use Tax
Richmond, VA 23218-0715
P. O. Box 2468
Or
Call (804) 786-2450
Richmond, VA 23218-2468
Or
Visit Our website: www.tax.virginia.gov
Va. Dept. of Taxation AST-3 W Rev. 07/12
Virginia Aircraft Sales and Use Tax Return Instructions
Line 3: Date Aircraft Purchased of Moved Into Virginia-
General: The Virginia aircraft sales and use tax is imposed
at the rate of two percent upon the retail sale of every
Enter the date (month MM, day DD, and year YYYY) the
aircraft was purchased in Virginia or moved into Virginia.
aircraft sold in this state and upon the nonexempt use in
Virginia of any aircraft. The Virginia aircraft sales tax applies
Line 4: Name and Address of Seller - Enter the name and
to all aircraft sold and required to be licensed in Virginia,
address of the seller.
including occasional sales. "Occasional sale" refers to
a sale of an aircraft by anyone not a dealer in aircraft.
Line 5: Sales Price-Enter the Sales Price from the sales
Basis of tax for sale or use: The tax is assessed on the
invoice. Attach documentation that supports the sales
price (invoice, bill of sale, purchase agreement, etc.) If no
use or sale of an aircraft. The basis of the tax is the sale
price, including any amount credited for trade-in or any other
documentation is available, the Department will use the blue
book value.
transaction of like nature, except that if the aircraft is first
used or stored for use in Virginia six months or more after its
Line 5a: Excise tax - Enter the amount of federal
acquisition, the tax will be based on the current market value.
manufacturer’s excise tax included on Line 6.
Any person who sells an aircraft in Virginia must supply the
Line 6: Market Value-Enter the amount of the current market
buyer with an invoice signed by the seller or his representative.
The invoice must state the sale price of the aircraft. The buyer
value of the aircraft or sales price (whichever is less) only if
the aircraft is licensed in this state more than six months
must include the invoice with his return and payment of the tax.
after acquisition in another state. If the aircraft has always
been in this state, use the sales price.
Tax due date: The taxpayer is required to file Form AST-3 and/
or pay the full amount of tax due within thirty days from the date
Line 7: Tax- Enter 2% of Line 5b or Line 6 whichever applies.
that the aircraft is required to be licensed in Virginia. Please
note: the aircraft is required to be licensed within 60 days.
Line 8: Allowable credit – Enter the amount of credit
allowed for a similar tax paid to another State or the Virginia
Mail completed forms to: Virginia Department of Taxation
Aircraft Sales and Use Tax
Retail Sales and Use Tax paid on component parts used in
construction of the aircraft. Attach copies of invoice(s) and
PO Box 2468
Richmond, VA 23218-2468
certificate of payment/confirmation showing tax billed and
paid.
Questions: Call (804) 786-2450 or write the Virginia
Line 9: Tax Due- Subtract Line 8 from Line 7.
Department of Taxation, PO Box 715, Richmond, VA
23218-0715. If you have Internet access, you can obtain
Line 10: Penalty: The penalty for failure to file and/or pay on
most Virginia tax forms from the Department’s Web-site
time is 6% of the tax due for each month, or part of a month,
www.tax.virginia.gov.
that the tax is not paid, not to exceed 30%.
Line by Line Instructions
Line 11: Interest: Interest at the underpayment rate
established by Section 6621 of the Internal Revenue Code,
Lines 1-2: Complete your name and address, account
plus 2%, will be added to the tax if not paid by the due date.
information, and aircraft information. If you are a first time
Enter interest if you file the return and/or pay the tax after
filer, you will not have a Virginia Account Number. An account
the due date.
number will be assigned when your return is processed.
Declaration and Signature: Be sure to sign, date and enter
your phone number in the space indicated.
Va. Dept. of Taxation AST-3 W Rev. 07/12
Page of 2