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Bid to Tax Satellites Rejected

Posted by michael on from the tax-shelter dept.

Kierthos writes: "This article updates an earlier Slashdot story about the Los Angeles County Assessor's office trying to tax satellites in orbit around the Earth. Short version: no go, the satellites don't get taxed."

4 of 125 comments (clear)

  1. Re:How they would tax international satelites ? by Sc00ter · · Score: 3, Informative
    If you read the old story you would see that the owner of the sat was in LA, and they have some law that says that they can tax your equipment even if it's not in LA but you own it.

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  2. Space-related tax reform by zardor · · Score: 4, Informative

    There are/(were?) a number of space related tax reform bills currently before congress, i.e.
    1) Invest in space now (of 2001)
    2) Spaceport equality act (of 2001)
    3) Zero gravity, zero tax act (of 2001)
    4) Space tourism promotion act (of 2001)
    5) The commercial spacepartnership act (inactive)
    Read all about it here

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  3. Re:If you can't tax what is above you... by Anonymous Coward · · Score: 1, Informative
    Hehe I'd like to see LA PROVE that a satellite passed over head

    This has nothing to do with whether or not it passed overhead. Please read first, post later.

  4. Sovereignty no, property rights maybe by ZigMonty · · Score: 3, Informative

    There's a UN charta that both the US and Russia signed that states that no county can claim sovereignty of celestial bodies. Property rights are a different matter, however, and no one can really stop you from claiming ownership of a celestial body, but I think you actually have to go there! "But it passed overhead!" probably wouldn't cut it. Now if it was permanently overhead, you may have some claim but I doubt it. For an example of a company planning to claim an asteroid see Space Dev.