Ind. Code § 6-6-6.5-10.5 – Sale or transfer of taxable aircraft; updating of dealer's inventory; transfer of excise tax liability | Midpage
§ 10.5
Ind. Code § 6-6-6.5-10.5
Sale or transfer of taxable aircraft; updating of dealer's inventory; transfer of excise tax liability
As added by P.L.65-1997, SEC.15.
Based upon the sales information submitted to the department, the department shall update the dealer's inventory and transfer the excise tax liability to the name of the new owner.