Indiana Code - Taxation - Title 6, Section 6-1.1-12-0.5

Basis for taxation after deduction

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.

Last modified: May 28, 2006