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 remainder of the year shall be reduced by the lesser of (1) ninety percent (90%) of the tax or (2) ten percent (10%) of the tax for each full calendar month which has elapsed since the regular annual registration date in that year.
(b) The tax reduction under this section shall not apply to persons who claim a tax credit under section 13(c) of this chapter.
Formerly: Acts 1975, P.L.68, SEC.1. As amended by Acts 1977, P.L.87, SEC.9; P.L.65-1997, SEC.19; P.L.1-2009, SEC.56.
Structure Indiana Code
Article 6. Motor Fuel and Vehicle Excise Taxes
Chapter 6.5. Aircraft License Excise Tax
6-6-6.5-0.1. Application of Certain Amendments to Chapter
6-6-6.5-2. Necessity of Registration
6-6-6.5-3. Application for Registration; Fee
6-6-6.5-4. Certificate of Registration; Issuance
6-6-6.5-5. Duration of Registration
6-6-6.5-7. Lost or Destroyed Certificate of Registration; Duplicate; Fee
6-6-6.5-8. Sale or Transfer of Aircraft; Transfer of Registration; Fee; Tax Liability
6-6-6.5-10. Dealer Certificate; Necessity
6-6-6.5-10.1. Dealer's Certificate; Issuance; Fee; Duration
6-6-6.5-10.2. Dealer's Certificate; Renewal; Revocation
6-6-6.5-10.4. Sale or Transfer of Taxable Aircraft; Notice to Department; Disclosures to Transferee
6-6-6.5-10.6. Use of Inventory Aircraft for Other Purpose
6-6-6.5-11. Violations; Offense
6-6-6.5-12. Annual License Excise Tax
6-6-6.5-13. Classification of Aircraft; Tax Rate; Credits
6-6-6.5-15. Aircraft Subject to Tax After Regular Annual Registration Date; Reduction of Tax
6-6-6.5-16. Forms for Registration
6-6-6.5-17. Powers of Department
6-6-6.5-18. Registration Without Payment of Tax; Offenses
6-6-6.5-19. Penalties; Failure to Register, Report, or Pay Tax Due
6-6-6.5-20. Taxpayer Owning More Than One Aircraft; Consolidation of Collection
6-6-6.5-21.5. Allen County Treasurer to Distribute Funds; Report
6-6-6.5-23. Reports of Airport Owners; Civil Penalty
6-6-6.5-25. Aircraft Brought Into Indiana; Registration Without Payment of Use Tax