(b) A person is a retail merchant making a retail transaction when the person:(1) leases or rents an aircraft to another person; and(2) provides flight instruction services to the lessee or renter during the term of the lease or rental.(c) The amount of the gross retail income attributable to a retail transaction described in subsection (b) is the amount charged by the retail merchant for the lease or rental of the aircraft used in conjunction with the flight instruction services provided to the lessee or renter.As added by P.L.1-2009, SEC.47.
Indiana Legal Code