Thread: Getting plane.
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  #5  
Old December 6th 04, 01:15 PM
Ron Natalie
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Peter R. wrote:


What if the aircraft were used for business purposes (say a leaseback)?
Would Indiana allow you to collect sales tax as a use tax, I.e. every
hour the aircraft is used, rather than one lump sum due at registration?


Don't know about Indiana, but here you pay sales/use tax on business
items. The only thing you can get a free ride on is stuff for resale
(because they know they'll get get the tax from the eventual consumer).