Information returns
Sec. 18. (a) A taxpayer who owns, holds, possesses, or controls a
commercial vehicle that:
(1) is subject to the commercial vehicle excise tax imposed
under this chapter; and
(2) would have been subject to assessment as personal property
on March 1, 2000, under the law in effect before January 1,
2000;
shall file an information return on or before May 15, 2000, with the
assessor of each township in which the taxpayer's commercial
vehicles would have been subject to assessment and taxation under
IC 6-1.1.
(b) The information return shall be filed on a form prescribed by
the department of local government finance and shall require the
taxpayer to provide information regarding the value, nature, and
location of each commercial vehicle which the taxpayer owns, holds,
possesses, or controls on March 1, 2000. If a commercial vehicle is
used or operated in interstate commerce, the value reported on the
information return shall be determined under the procedure set forth
in 50 IAC 4.2-10-3.
(c) The information return shall be furnished to the taxpayer by
the appropriate township assessor in the same manner and at the
same time as the taxpayer's personal property tax return.
(d) In completing an information return under this section, a
taxpayer shall make a complete disclosure of all information,
required by the department of local government finance, that is
related to the value, nature, or location of commercial vehicles that
the taxpayer owns, holds, possesses or controls on March 1, 2000.
The taxpayer shall certify to the truth of all information appearing in
the information return and all data accompanying the information
return.
(e) The township assessor shall examine and verify the accuracy
of each information return filed by a taxpayer. If appropriate, the
assessor shall compare an information return with the books of the
taxpayer and with commercial vehicles owned, held, possessed, or
controlled by the taxpayer.
As added by P.L.181-1999, SEC.2. Amended by P.L.90-2002,
SEC.305.
Last modified: May 28, 2006