"Tax situs" defined
Sec. 5. As used in this chapter, "tax situs" means the taxing
district in which a boat is located on March 1 of a boating year
unless:
(1) the boat is acquired after March 1, in which case the boat's
tax situs is where the owner intends to have the boat on the
following March 1; or
(2) the boat is registered outside Indiana, in which case the
boat's tax situs is the taxing district in which the boat is
principally stored or operated during the boating year.
As added by P.L.98-1989, SEC.1.
Last modified: May 28, 2006