Indiana § 6-6-6.5-13 Classification of aircraft; tax rate; credits

Indiana Statutes

§ 6-6-6.5-13 — Classification of aircraft; tax rate; credits

Indiana § 6-6-6.5-13

Art. 6MOTOR FUEL AND VEHICLE EXCISE TAXES

Ch. 6.5Aircraft License Excise Tax

This text of Indiana § 6-6-6.5-13 (Classification of aircraft; tax rate; credits) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 6-6-6.5-13 (2026).

Text

(a)As the basis for measuring the tax imposed by this chapter, the department shall classify every taxable aircraft in its proper class according to the following classification plan:

(b)The tax imposed under this chapter is based on the age, class, and maximum landing weight of the taxable aircraft. The amount of tax imposed on the taxable aircraft is based on the following table:

(c)An aircraft owner, who sells an aircraft on which the owner has paid the tax imposed under this chapter, is entitled to a credit for the tax paid. The credit equals excise tax paid on the aircraft that was sold, times the lesser of:

(1)ninety percent (90%); or

(2)ten percent (10%) times the number of months remaining in the registration year after the sale of the aircraft. The credit may only be used to

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(a) As the basis for measuring the tax
imposed by this chapter, the department shall classify every taxable
aircraft in its proper class according to the following classification
plan:
(b) The tax imposed under this chapter is based on the age, class,
and maximum landing weight of the taxable aircraft. The amount of tax
imposed on the taxable aircraft is based on the following table:
(c) An aircraft owner, who sells an aircraft on which the owner has
paid the tax imposed under this chapter, is entitled to a credit for the
tax paid. The credit equals excise tax paid on the aircraft that was sold,
times the lesser of:
(1) ninety percent (90%); or
(2) ten percent (10%) times the number of months remaining in
the registration year after the sale of the aircraft.
The credit may only be used to reduce the tax imposed under this
chapter on another aircraft purchased by that owner during the
registration year in which the credit accrues. A person may not receive
a refund for a credit under this subsection.
(d) A person who is entitled to a property tax deduction under IC 6-1.1-12-13 or IC 6-1.1-12-14 is entitled to a credit against the tax
imposed on the person's aircraft under this chapter. The credit equals
the amount of the property tax deduction to which the person is entitled
under IC 6-1.1-12-13 and IC 6-1.1-12-14 minus the amount of that
deduction used to offset the person's property taxes or vehicle excise
taxes, times seven hundredths (.07). The credit may not exceed the
amount of the tax due under this chapter. The county auditor shall,
upon the person's request, furnish a certified statement showing the
credit allowable under this subsection. The department may not allow
a credit under this subsection until the auditor's statement has been
filed in the department's office.
Formerly: Acts 1975, P.L.68, SEC.1. As amended by Acts 1977,
P.L.87, SEC.7; Acts 1980, P.L.74, SEC.27; P.L.93-1983, SEC.8;
P.L.1-2009, SEC.55; P.L.68-2025, SEC.188; P.L.230-2025,
SEC.89.