Sec. 0.1. The amendments made to section 9 of this chapter by P.L.224-2003 apply to aircraft excise taxes and registration fees imposed under this chapter after December 31, 2003. As added by P.L.220-2011, SEC.159.
Sec. 1. As used in this chapter, unless the context clearly indicates otherwise: (a) “Aircraft” means a device which is designed to provide air transportation for one (1) or more individuals or for cargo. (b) “State” means the state of Indiana. (c) “Department” refers to the department of state revenue. (d) “Person” includes an individual, […]
Sec. 10. It is unlawful for any dealer to transact business inside this state unless the department has issued the dealer an aircraft dealer’s certificate. Formerly: Acts 1975, P.L.68, SEC.1. As amended by Acts 1977, P.L.87, SEC.5; Acts 1980, P.L.74, SEC.26; P.L.93-1983, SEC.7; P.L.65-1997, SEC.10.
Sec. 10.1. (a) An applicant must do all of the following before an aircraft dealer’s certificate may be issued by the department: (1) Be registered as a retail merchant with the department and submit proof of that registration to the department. (2) Complete and submit the annual aircraft dealer application form provided by the department. […]
Sec. 10.2. (a) In order to ensure continuous dealer status, a dealer must annually submit its application form and fee not later than December 15 of the preceding year. (b) Upon receipt of a dealer’s application form and fee, the department shall determine if the dealer is in good standing and then issue a renewal […]
Sec. 10.3. (a) If the department determines that an applicant or a dealer is not a bona fide dealer, the department shall revoke the certificate or a certificate may not be issued. The department shall, not later than ten (10) days after making a determination described in this subsection, notify the dealer by United States […]
Sec. 10.4. (a) Not later than thirty-one (31) days after a sale or transfer of ownership of a taxable aircraft, the transferring owner shall notify the department of the sale or transfer. (b) If the transferring owner is a dealer, the transferring owner shall notify the department by submitting to the department one (1) of […]
Sec. 10.5. Based upon the sales information submitted to the department, the department shall update the dealer’s inventory and transfer the excise tax liability to the name of the new owner. As added by P.L.65-1997, SEC.15.
Sec. 10.6. (a) A dealer may not use inventory aircraft for any purpose other than for resale and demonstration flights unless the dealer charges the fair market rental or lease value and complies with all applicable statutes, rules, and procedures of the department. (b) Failure to comply or failure to provide proof of compliance to […]
Sec. 10.7. (a) The aircraft excise tax shall be assessed on each inventory aircraft held by a dealer on the last day of December. (b) Each year a dealer shall submit to the department: (1) an update of the list of known aircraft in inventory, which the department may at its discretion supply; or (2) […]
Sec. 11. A person who violates the disclosure requirements under section 8 of this chapter, the dealer reporting requirements under section 10 of this chapter, or any of the registration requirements of this chapter commits a Class A infraction. Formerly: Acts 1975, P.L.68, SEC.1. As amended by Acts 1977, P.L.87, SEC.6.
Sec. 12. Effective January 1, 1976, there is hereby imposed an annual license excise tax upon taxable aircraft, which tax shall be in lieu of the ad valorem property tax levied for state or local purposes. No taxable aircraft shall be assessed as personal property for the purpose of the assessment and levy of personal […]
Sec. 13. (a) As the basis for measuring the tax imposed by this chapter, the department shall classify every taxable aircraft in its proper class according to the following classification plan: CLASS DESCRIPTION A Piston-driven B Piston-driven, and Pressurized C Turbine driven or other Powered D Homebuilt, Gliders, or Hot Air Balloons (b) The tax […]
Sec. 14. (a) A person required to register the person’s aircraft and to pay the tax imposed under this chapter, shall do so on or before the regular annual registration date. (b) The payment of the tax imposed by this chapter shall be a condition to the right to register the taxable aircraft and shall […]
Sec. 15. (a) If a taxable aircraft becomes subject to registration or taxation after the regular annual registration date in a year, the tax imposed by this chapter shall become due and payable at the time the aircraft becomes subject to registration and the amount of tax to be paid by the owner for the […]
Sec. 16. The department shall include on all registration forms for taxable aircraft for the year 1976 and subsequent years suitable spaces for the amount of the registration fee, the amount of tax, and the total amount of payment due. The forms shall also include spaces for showing the county and the taxing district in […]
Sec. 17. The department may establish procedures, prepare forms and adopt rules and regulations necessary for the administration of this chapter and the collection of the tax imposed by this chapter and for the proper accounting for the same. Formerly: Acts 1975, P.L.68, SEC.1. As amended by Acts 1982, P.L.62, SEC.1.
Sec. 18. An owner of a taxable aircraft who registers that aircraft without paying the tax required by this chapter commits a Class A infraction; and any employee of the department who issues a certificate of registration for that aircraft without collecting the tax required to be collected with the registration commits a Class A […]
Sec. 19. (a) The registration of any taxable aircraft without payment of the tax imposed by this chapter shall be void, and the department shall take possession of the certificate of registration and other evidences of registration, until the owner shall have paid the tax together with any penalties assessed by the department. (b) If […]
Sec. 2. (a) Except as otherwise provided in this chapter, any resident of this state who owns an aircraft shall register the aircraft with the department not later than thirty-one (31) days after the purchase date. (b) Except as otherwise provided in this chapter, any nonresident who bases an aircraft in this state for more […]
