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Since the Illinois fly-away exemption allows for 10 free days in the state in the year after flying away, an aircraft buyer planning to make his purchase outside Illinois argued that he should have the benefit of the same 10-day rule to avoid owing use tax.
(b) No person may operate a civil aircraft unless the airworthiness certificate required by paragraph (a) of this section or a special flight authorization issued under 91.715 is displayed at the cabin or cockpit entrance so that it is legible to passengers or crew.
Aircraft with an expired registration, airworthiness certification is considered ineffective. Without registration, the aircraft is not authorized for flight.
Aircraft owners will be required to confirm their registration information and renew their certificate every seven years, unless an event or circumstance necessitates a new registration being submitted prior to the expiration of the certificate.
The registration indicates the aircrafts country of registration, and functions much like an automobile license plate or a ship registration. This code must also appear in its Certificate of Registration, issued by the relevant civil aviation authority (CAA).
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The FAA has extended the duration of aircraft registration certificates from three years to seven years, a move that went into effect January 23. Temporary registration validity was also extended, from the previous limit of 90 days to as long as one year for new applications.
Aircraft with an expired registration, airworthiness certification is considered ineffective. Without registration, the aircraft is not authorized for flight.
The rate is 6.25% of the purchase price or fair market value, whichever is greater. If you acquire the aircraft by purchase from a person or business that is not in the business of selling aircraft at retail, you must pay tax on the aircrafts purchase price.
A new certificate with the new expiration date will be sent to you. Aircraft with an expired registration, airworthiness certification is considered ineffective. Without registration, the aircraft is not authorized for flight.
Summary: The FAA amends 14 CFR part 47, 47.40, requiring aircraft registration be renewed seven years after the issuance of the certificate and every seven years thereafter, as long as ownership is not transferred or the registration has been canceled.

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