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 04.23.14--CLICK HERE! ** HD iPad-Friendly Version--Airborne 04.23.14 **
** Airborne 04.21.14--CLICK HERE! ** HD iPad-Friendly Version--Airborne 04.21.14 **
** Airborne 04.18.14--CLICK HERE! ** HD iPad-Friendly Version--Airborne 04.18.14 **

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

Classic Aero-TV: Aero-Statesman Phil Boyer – Representing The Aviation Community

Retired AOPA President Still Understands What An Association Must Do To Serve An Embattled Industry Originally WebCast October 18, 2012: Its been nearly four years since Phil Boyer>[...]

AD: Ballonbau Wörner GmbH Balloons

AD NUMBER: 2014-07-10 PRODUCT: Ballonbau Wörner GmbH Models NL-280/STU, NL-380/STU, NL-510/STU, NL-640/STU, NL-840/STU, and NL-1000/STU balloons.>[...]

Airshow Pilot Bails Out After Catastrophic Aircraft Failure

Planning Ahead And Staying Safe Saves A Professional Airshow Pilot Dan Marcotte describes himself on his website as being determined and driven with a sense of vision. His adventur>[...]

ANN FAQ: Share Aero-News With Your Friends

Send Them A Story -- We Don't Mind! Do you need another set of eyes to see that story you can't believe Jim just wrote? Want to spread Hognose's unique wisdom and perspective to th>[...]

AD: Centrair Gliders

AD NUMBER: 2014-07-08 PRODUCT: Centrair Model 101, 101A, 101AP, and 101P gliders.>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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