61-15-11 - Registration schedule and rates; applicability of laws relating to sales tax; prorata registration and taxation; listing of aircraft on personal property rolls.
§ 61-15-11. Registration schedule and rates; applicability of laws relating to sales tax; prorata registration and taxation; listing of aircraft on personal property rolls.
(1) Registration fees shall be paid to and collected by the tax collector of the county in which the aircraft is based.
The registration and reregistration of aircraft shall be subject to the following schedule and rates:
(a) Aircraft other than those described in paragraph (b) of this subsection shall be taxed according to the following schedule:
MAXIMUM CERTIFICATED
GROSS WEIGHT OF AIRCRAFT
IN POUNDS FEE
Less than 3,600 $ 25.00
3,601 through 10,000 250.00
10,001 and over 2,500.00
(b) Antique aircraft, as defined by the Federal Aviation Administration, sailplanes, balloons and home-built aircraft shall be subject to a flat rate fee of Twenty-five Dollars ($25.00);
(2) All administrative provisions of the Mississippi Sales Tax Law, including those which fix damages, penalties and interest for nonpayment of taxes, failure to file returns, and for other noncompliance with the provisions of said chapter, and all other requirements and duties imposed upon taxpayers, shall apply to all persons liable for taxes under the provisions of this chapter, and the commission shall exercise all the power and authority and perform all the duties with respect to taxpayers under this chapter as are provided in said Sales Tax Law, except that in cases of conflict, then the provisions of this chapter shall control.
(3) Aircraft purchased after January 1 of each year and subject to registration as herein provided shall be registered and taxed on a prorated basis by month. Registration fees shall be in lieu of all aircraft ad valorem taxes except as provided in subsection (4) of this section. All such monies collected shall be distributed as provided in this subsection.
The county tax collector shall determine for each county and for each municipality, if any, having aircraft within its boundaries which are subject to this chapter and the registration fees collected on aircraft in each county and municipality. The amount so determined due each county and municipality shall be divided equally between the county and municipality and the amount due the municipality shall be transmitted monthly to the city clerk of the municipality. The counties and municipalities shall allocate such revenues to funds in the same manner and proportion as revenues from ad valorem taxes within the county and municipality.
(4) The county tax collector shall make reasonable efforts to determine which aircraft in their county have been registered as required by this chapter. The county tax collector shall, on or before June 1 of each year, furnish to the tax assessor of their county a list of aircraft owners which have aircraft that are registered, setting forth the description of the aircraft and the location of the aircraft as to county and municipality. The tax assessor shall, upon receipt of the list, add the aircraft which have not been registered to the personal property roll of the county and of the municipality in which the aircraft may be located and such aircraft shall be taxed as other personal property within the county and municipality except as provided hereinafter. The county tax collector may accept registration fees, as follows:
(a) Fees on a prorated basis by month for aircraft purchased in a bona fide, good faith transaction after January 1 of the registration year; or
(b) Total fees and penalties for aircraft liable for registration on January 1 when the owner of the aircraft was the owner on January 1 of the registration year.
The tax assessor may remove an aircraft from the personal property rolls prior to December 31 of the registration year upon receipt of a notice from the county tax collector that the registration fees and penalties, when required, have been paid in full by the owner of the aircraft. The aircraft may not be removed from the personal property rolls after December 31 of the registration year.
Sources: Laws, 1982, ch. 469, § 6; reenacted and amended, 1984, ch. 478, § 30; reenacted and amended, 1984, ch. 516 § 6; Laws, 1986, ch. 405, § 1; reenacted and amended, 1988, ch. 531, § 6; Laws, 1994, ch. 434, § 4, eff from and after January 1, 1995.