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12-16-2010, 11:35 PM
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Join Date: Jul 2007
Location: DuBois,Il
Posts: 144
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Illinois Sales/Use Tax Amnesty
In the last couple of days, I spoke with the Illinois Dept. of Revenue Aviation Tax guru. According to him, builders should have been paying sales/use tax on out of state purchases as they built, but if you are like me, I did not! He suggested that I wait until Jan.1st, as another tax amnesty starts. It runs through October..Anyone who purchased items from 2004-2010 will be able to pay the taxes without any penalties or interest. You may compile the purchases, and list all purchases on one line, on form ST-44, which you may download from the net, from the IDR website. Bottom line: If you need to pay..don't do it now..wait until January to get the exemption. Contact them if you have any questions. YMMV.
__________________
Brian K. Morrow
DuBois,Il
N433BC RV-7A Flying
RV-12is EMP done, FUSE in progress!..Official Repeat Offender
"Maintain thy airspeed...Lest the earth arise and smite thee..."
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12-17-2010, 08:56 AM
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Join Date: Jun 2005
Location: Milwaukee, WI area
Posts: 2,967
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Excellent post Brian! I paid as I went using ST-44, but I know of a few people that were hit with penalties and fees for not doing so. This is a great thing for Illinois builders who haven't paid along the way!
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Chad Jensen
Astronics AES, Vertical Power
RV-7, 5 yr build, flew it 68 hours, sold it, miss it.
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12-17-2010, 10:54 AM
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Join Date: Jan 2005
Location: SC
Posts: 12,887
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Other states...
I have some friend who built something other than an RV and put close to $250K into it. (Yes it is large and YES it is NICE!)
They did not pay the out of state sales tax as they went a long because North Carolina caps the sales tax on airplanes at $300. So they waited until they had their pink slip and happily paid the $300 maximum.
Check this link for more details.
__________________
Bill R.
RV-9 (Yes, it's a dragon tail)
O-360 w/ dual P-mags
Build the plane you want, not the plane others want you to build!
SC86 - Easley, SC
www.repucci.com/bill/baf.html
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12-17-2010, 11:23 AM
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Join Date: Nov 2005
Location: KRTS
Posts: 1,798
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That's because Illinois is has dug themselves a rediculous hole and are trying to scratch every cent out of every citizen they can. Sounds like a load of **** to me. Sales tax on every part you bought out of state?
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Next?, TBD
IAR-823, SOLD
RV-8, SOLD
RV-7, SOLD
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12-17-2010, 11:26 AM
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Join Date: Jun 2005
Location: Milwaukee, WI area
Posts: 2,967
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It's that way in most states in my understanding. If you purchase a big ticket item out of state, the state you bought from can report it to the state it went to to collect their missing sales tax, and your state can, and will, come after you for the tax...use tax. It's been in the tax code/law for a long, long time.
__________________
Chad Jensen
Astronics AES, Vertical Power
RV-7, 5 yr build, flew it 68 hours, sold it, miss it.
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12-17-2010, 01:59 PM
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Join Date: Oct 2006
Location: Seattle, wa
Posts: 679
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Quote:
Originally Posted by Sig600
That's because Illinois is has dug themselves a rediculous hole and are trying to scratch every cent out of every citizen they can. Sounds like a load of **** to me. Sales tax on every part you bought out of state?
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In fact they are usually listed as the state in the very worst mess and it is going to get very ugly in the future.
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12-17-2010, 02:14 PM
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Join Date: Jan 2010
Location: MN
Posts: 184
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Right now I believe everyone is supposed to be filing use tax on all items purchased out of state if the state you live in has a sales tax for that item. This is about impossible to enforce on most transactions, but a registered plane is obvious.
There's legislation being tossed around now to have software added to all businesses to apply the other states sales tax to your purchase that will calculate the total to be added to the transaction. When the business files their sales tax return all the out of state taxes would be included and returned automatically to the various states.
Living in a state with no sales tax will really start paying for itself soon.
__________________
Loves to fly
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12-17-2010, 02:42 PM
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Join Date: May 2009
Location: Houston, TX
Posts: 531
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Quote:
Originally Posted by Doug Lewis
Right now I believe everyone is supposed to be filing use tax on all items purchased out of state if the state you live in has a sales tax for that item. This is about impossible to enforce on most transactions, but a registered plane is obvious.
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Yep...
In many states you should be filing use tax on pretty much everything single thing you buy online. It's just the big stuff like airplanes that can be tracked.
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-Rick Greer, VAF #2492
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12-17-2010, 03:04 PM
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Join Date: May 2008
Location: York, PA
Posts: 89
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Doug...they have been talking about that for over 25 years. Don't hold your breath! States are not good at co-operating. A national sales tax would simplify alot. Don't see THAT coming anytime soon.
Gordon
Recovering CPA
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12-17-2010, 04:12 PM
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Join Date: Apr 2008
Location: Tennessee
Posts: 440
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I know that Tennessee has a permanent office in L.A. just to audit companies that might be selling online into our state.
In fact they were going around auditing dentists and med docs to see how much they were buying out of state........"bastids"!! 
One friend got knicked several thousand and that was in the '80s when several thousand actually meant something.
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