# Ind. Code § 6-1.1-12-0.5: Basis for taxation after deduction

> Indiana · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_IN_T6_A1.1_C12_S6-1.1-12-0.5

## Section

- **Citation:** Ind. Code § 6-1.1-12-0.5
- **Heading:** Basis for taxation after deduction
- **Jurisdiction:** Indiana
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Indiana Code / Title 6 / Article 1.1 / Chapter 12 / Section 6-1.1-12-0.5

## 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.

## Nearby sections

- [Ind. Code § 6-1.1-12-0.5 Basis for taxation after deduction](https://www.frixlaw.com/law-library/statutes/STATE_IN_T6_A1.1_C12_S6-1.1-12-0.5.md)
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- [Ind. Code § 6-1.1-12-5 Repealed](https://www.frixlaw.com/law-library/statutes/STATE_IN_T6_A1.1_C12_S6-1.1-12-5.md)
- [Ind. Code § 6-1.1-12-6 Repealed](https://www.frixlaw.com/law-library/statutes/STATE_IN_T6_A1.1_C12_S6-1.1-12-6.md)
- [Ind. Code § 6-1.1-12-7 Repealed](https://www.frixlaw.com/law-library/statutes/STATE_IN_T6_A1.1_C12_S6-1.1-12-7.md)
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- [Ind. Code § 6-1.1-12-9 Deduction for person 65 or older; limitations; cost of living adjustment; surviving spouse; contract purchaser; common ownership](https://www.frixlaw.com/law-library/statutes/STATE_IN_T6_A1.1_C12_S6-1.1-12-9.md)
- [Ind. Code § 6-1.1-12-9.1 Repealed](https://www.frixlaw.com/law-library/statutes/STATE_IN_T6_A1.1_C12_S6-1.1-12-9.1.md)
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- [Ind. Code § 6-1.1-12-10.1 Persons over 65 or surviving spouse; filing claim](https://www.frixlaw.com/law-library/statutes/STATE_IN_T6_A1.1_C12_S6-1.1-12-10.1.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_IN_T6_A1.1_C12_S6-1.1-12-0.5. Check the current official text before relying on it. Not legal advice.