Indiana Code 6-1.1-12-0.5. Basis for taxation after deduction
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Indiana Code 6-1.1-12-0.5
- Property: includes personal and real property. See Indiana Code 1-1-4-5
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
Sec. 0.5. For each year that a deduction from the assessed value of tangible property is allowed, the assessed value remaining after the deduction is the basis for taxation of the property.
As added by Acts 1979, P.L.52, SEC.1.