Sales Tax Exemption on Liftoffs May Be Lifted
- Share via
A sales tax on launches could hurt commercial space launches from Vandenberg Air Force Base.
Exemption from the tax for satellite and other commercial launches may fall victim to the state’s budget troubles. The California Space Authority notified its members of the “threat” to the exemption for commercial space missions, and it urged them to contact elected officials.
Eric Daniels, director of state and local government relations for the California Space Authority, said the commercial space incentive was among sales-tax exemptions cited by lawmakers looking to balance California’s budget.
A launch sales tax would add about $8 million annually to state coffers, or about $1 million per liftoff.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.