Manufacturers and processors for hire of commercial airplanes or component parts of commercial airplanes, non-manufacturers engaged in the business of aerospace product development, certificated FAR repair stations making retail sales, and aerospace tooling manufacturers.
Expenditures for aerospace preproduction development.
- No application
- Aerospace Credit Affidavit for Preproduction Spending must be filed each reporting period the credit is taken
- An Annual Tax Performance Report must be filed by May 31st of the following year
- Electronic filing required
For question about the credit, call Taxpayer Account Administration at 360-705-6216.