Section 5391.

Cal. Revenue and Taxation Code - RTC § 5391.
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
For the 1980–81 fiscal year and each fiscal year thereafter, aircraft subject to this part shall be taxed at the same rate and in the same manner as all other personal property. Aircraft which are considered business inventories, within the meaning of Section 129 of the Revenue and Taxation Code, shall be included in the inventory exemption.

References

referencesCal. Revenue and Taxation Code - RTC § 129.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026

Starting a business in California? California LLC guide: costs and requirements