Exemption from Property Tax Parts of Airports Used for Flying Purposes
The exemption from property tax on buildings, structures and land occupied thereunder in the area of aviation airports of public use causes many interpretation problems for both taxpayers and tax authorities. It is incorrect to believe that an airport is not a structure within the meaning of tax regulations. Recognition of an airport as a structure, makes difficult to determine the scope of the exemption, but it does not prevent this scope from determination.