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Speaking of Fuel Ripoffs...
On 3 Apr 2007 12:24:40 -0700, "xyzzy" wrote:
On Mar 27, 8:22 pm, Roger wrote: On 27 Mar 2007 09:31:23 -0700, "xyzzy" wrote: On Mar 27, 8:00 am, Jon Kraus wrote: Got a fuel bill from our FBO (KUMP Indianapolis Metro) the other day. Not only do they charge one of the highest fuel prices around, they also charge 6% Indiana sales tax on top of the 1% Indianapolis Airport Authority surcharge (because they can). When I called to inquire about charging 6% sales tax on the fuel they just said "that is how we've done it for 20 years and everyone else does it like that too." I've never had a sales tax added on top of the fuel price before. I thought that all the taxes we included in the price of the fuel? Anyone else ever experience this? I know at my airport (KTTA in NC) my flying club rents planes wet but Your club rents planes? Yeah, it's structured as a nonprofit corporation with the members as the shareholders. The corporation owns the planes and rents them to the members. If you do much flying it might pay to talk to a tax lawyer for your state and figure out a different terminology. Unless a business, shareholders seldom rent to themselves. If we had rented to some one outside the "club" we'd have had to pay tax, but not an hourly charge for members. If set up as a corporation you might want to consider becoming a club. However I'm not familiar with your state's tax laws. Good luck, Roger Halstead (K8RI & ARRL life member) (N833R, S# CD-2 Worlds oldest Debonair) www.rogerhalstead.com |
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