Annual Antique Airplane Application

Annual Antique Airplane Application

  1. Is the aircraft used in exhibitions, club activities, air shows, and other public interest functions?
  2. Is the aircraft in a museum?
  3. Is the aircraft used in connection with any business or for any income producing purpose?
  4. General Statue 105-277.12. Antique Airplanes (a) For the purpose of this section, the term “antique airplane” means an airplane that meets all of the following conditions: (1) It is registered with the Federal Aviation Administration and is a model year 1954 or older. (2) It is maintained primarily for use in exhibitions, club activities, air shows, and other public interests functions. (3) It is used occasionally for other purposes. (4) It is used by the owner for a purpose other than the production of income. (b) Antique airplanes are designated a special class of property under Article V, Sec. 2(2) of the North Carolina Constitution and shall be assessed for taxation in accordance with this section. An antique airplane shall be assessed at the lower of its true value or five thousand dollars ($5,000). Note: to receive reduced valuation under this statue, an application must be filed annually during the regular listing period.


  5. I have, to the best of my knowledge, provided complete and accurate information*
  6. Leave This Blank:

  7. This field is not part of the form submission.