In which location are aircraft considered taxable?

The correct answer is B, where aircraft are stored or operated regularly, because this location typically aligns with the jurisdiction that has the right to levy taxes on personal property, including aircraft. When an aircraft is frequently stored or operated within a specific state or locality, that area has a vested interest in taxing the aircraft as it benefits from the presence of the aircraft—potentially contributing to local infrastructure and services.

In many jurisdictions, the location where the aircraft is housed or regularly used establishes a connection that justifies taxation. This principle follows the concept of nexus, where the physical presence of the aircraft creates a link to the local tax system, leading to the imposition of property taxes.

Other options do not lead to taxation in the same clear manner. The place of manufacture might only involve sales tax at the point of sale rather than ongoing property tax. Ownership (reflected in answer choice C) does not contribute to the regularity of use or storage that creates tax obligations in most cases, as ownership can be more abstract and doesn't necessarily indicate where tax duties arise. Inspections (answer choice D) occur in various locations and do not provide a consistent basis for taxation like regular storage or operation does.