Indiana Shifts Tax Structure For Aviation Fuel, Maintenance | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

** Airborne 10.29.14 ** HD iPad-Friendly -- Airborne 10.29.14 **
** Airborne 10.27.14 ** HD iPad-Friendly -- Airborne 10.27.14 **
** Airborne/NBAA2014 10.24.14 ** HD iPad-Friendly -- Airborne/NBAA2014 10.24.14 **

Thu, Jul 04, 2013

Indiana Shifts Tax Structure For Aviation Fuel, Maintenance

Fuel Sales Tax Replaced By An Excise Tax, Reducing Fuel Costs, Maintenance Exempted

Until July 1, Indiana had one of the highest sales taxes on aviation fuel in the nation, which meant that it was considered a "fly-over" state for a lot of pilots.

But that changed when new laws went into effect Monday. The state now exempts aviation fuel from its seven percent sales tax, and instead imposes a flat 10-cents-per-gallon excise tax on aviation fuel. The state has also removed the sales tax for maintenance and service work performed on aircraft.

Indiana has 100 public-use airports. Tom McCord, the sales manager at Tom Wood Aviation at Metropolitan Airport in Fishers, IN, told the Indianapolis Star that the changes in the tax structure could have a "significant impact" on the amount of maintenance work that is done in the state. McCord said it is likely that the state would see an across-the-board increase in aviation activity.

The tax changes came after a concerted lobbying effort on the part of the aviation industry. McCord said that he anticipates his business may increase to the point where he can hire additional flight instructors and maintenance personnel.

The state had already exempted jet fuel from the sales tax, so the change is focused on GA. Aviation Association of Indiana Executive Director Bart Giesler told the paper that the move "definitely will be a positive for the state."

FMI: www.aviationindiana.org

Advertisement

More News

Airborne 10.29.14: Antares Launch Failure, GAMA Responds, Another 'Roadable'???

Also: Dragon Returns, Quadcopter Flown At Airliner?, Classic Aero-TV: Redhawk, Diesel Flt School Airplanes, WWII Bomber Found The unmanned Antares rocket built by Orbital Science C>[...]

Antares ISS Resupply Mission Suffers Launch Failure

Vehicle Suffers Failure Just Seconds Into Launch Sequence Analysis By ANN Space Correspondent, Wes Oleszewski At approximately 18:22:38.651 Eastern time, the two AJ-26 first stage >[...]

Airborne 10.27.14: New Freefall Altitude Record, NBAA14 Wrap-Up, Falcon AOG

Also: New ALPA Officers, Hurricane Hunters, Aventura AVW, New Runway at Copiah County, LTC Tom Dougherty Flies West Only 2 years ago, Felix Baumgartner set a record for the highest>[...]

Airborne 10.29.14: Antares Launch Failure, GAMA Responds, Another 'Roadable'???

Also: Dragon Returns, Quadcopter Flown At Airliner?, Classic Aero-TV: Redhawk, Diesel Flt School Airplanes, WWII Bomber Found The unmanned Antares rocket built by Orbital Science C>[...]

U.K. Ministry Of Defense Makes $2.42 Billion Air Traffic Management Deal

Contract Awarded To Joint Venture Between Thales And NATS AQUILA, a joint venture between Thales and NATS, has been awarded the £1.5 billion (approx. $2.42 billion) contract,>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC