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Indiana Use Tax



 
 
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  #4  
Old September 14th 03, 07:38 PM
John Smith
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I got shafted in MD. I had owned my 172 for two years before my work forced
me to move there. They used the FAA aircraft database to find me and nail me
for $1,200.

"Ron Natalie" wrote in message
m...

"Craig Prouse" wrote in message

...
dutch wrote:

I guess I was just dumb. I live in Illinois but found what I thought

was
great hangar space in Indiana. Now the Indiana Revenue folks are

after me
like a herd of buffalo to pay a 6% use tax on the value of the a/c

just
because I moved it across the line.


Usually sales/use tax applies on a change of ownership. How long have

you
owned this airplane before you moved it into Indiana? California is
notorious for its collection of use tax, but if you've owned a piece of
property for at least 3-6 months before it comes into the state, there

is no
taxable transaction.


There is no time limit, there is however a credit for any sales/use tax

you
paid to another jurisdition.




 




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