Basis for taxation after deduction

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Indiana Code › Title 6 › Article 1.1 › Chapter 12 › Section 6-1.1-12-0.5

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

Text

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.

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