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Indiana Extends Sales Tax Exemption to Two-Seater Indy Cars

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Indiana Information Bulletin #67 was updated in April 2012 to add “…a two-seater Indianapolis 500-style race car to the type of vehicle that qualifies for the sales tax exemption provided to professional racing teams.”

To qualify the team must be registered with the IRS as a ‘for-profit’ business and must be engaged in activities on an ongoing, regular basis. “A sporadic activity, a hobby, or an amusement diversion does not qualify.”

Teams may be located within or without the state of Indiana to qualify for the exemption. Out-of-state professional racing teams may create their exemption certificate using their home state business tax identification number. Whether local or out-of-state, the team would use Form ST-105 to create their General Sales Tax Exemption Certificate to purchase items such as engines, chassis, tires and vehicle accessories sales tax-free.

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Sales tax rates, rules, and regulations change frequently. Although we hope you'll find this information helpful, this blog is for informational purposes only and does not provide legal or tax advice.
Avalara Author
Susan McLain
Avalara Author Susan McLain
Susan McLain began her career as a technical writer in technology industries such as satellite networking and medical devices. Her skills encompass technical and marketing writing, usability engineering, verification and validation testing and protocol writing, requirements development, business analysis, technical illustration/graphic design and marketing. She has owned her own business providing service to small to medium sized business and in other positions, she has been in project management, documentation and marketing. She is currently the content specialist for Avalara helping to “make sales tax less taxing.”