Recent Developments in Indiana Taxation - I.U. School of Law ...

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1122 INDIANA LAW REVIEW [Vol. 40:1103 year. The information required under this subdivision must identify: (A) the amount of the taxpayer’s liability distributable to each taxing unit in which the property is located in the current year; and (B) the percentage change, if any, in the amount of the taxpayer’s liability distributable to each taxing unit in which the property is located from the previous year to the current year. (7) An explanation of the following: (A) The homestead credit and all property tax deductions. (B) The procedure and deadline for filing for the homestead credit and each deduction. (C) The procedure that a taxpayer must follow to: (i) appeal a current assessment; or (ii) petition for the correction of an error . . . . (D) The forms that must be filed for an appeal or a petition . . . . (8) A checklist that shows: (A) the homestead credit and all property tax deductions; and (B) whether the homestead credit and each property tax deduction applies in the current statement for the property . . . . 187 The GA amended I.C. § 6-3.5-7-5 (effective March 24, 2006) to set the maximum COIT and the EDIT rates for Scott County to not exceed 1.25% and the maximum CEDIT rate and the CAGIT rate for Jasper County not to exceed 1.5%. 188 The GA amended I.C. § 6-3.5-7-26 (effective March 24, 2006) to provide that residential PTRC, in addition to homestead credits, may be paid from increased CEDIT to offset the loss of property taxes from the inventory deduction. 189 The GA added I.C. §§ 6-9-39-1 to -9 (effective July 1, 2006) to create a 190 county option dog tax not to exceed $5.00 per taxable dog. Twenty percent of the optional dog tax is sent to the state for canine research and education and the remaining 80% is retained by the county for various specified uses related to 191 animal care. The GA amended I.C. § 15-5-7-1 (effective July 1, 2006) to 192 eliminate the triple damages award paid by owners of unlicensed dogs. The GA added I.C. § 15-5-7-3 (effective July 1, 2006) to require the county to pay the 187. Id. 188. Id. § 33. 189. Id. § 34. 190. Id. § 36. 191. Id. 192. Id. § 37.
2007] TAX LAW 1123 damages caused by attack or exposure by dogs to livestock and for post exposure treatment incurred by any person who is bitten by or exposed to a dog known to have rabies. 193 The GA added I.C. § 6-15-5-7-4 (effective July 1, 2006) to outline the filing of a claim against a county under I.C. § 15-5-7-3. 194 The GA amended I.C. § 20-45-1-21 (effective July 1, 2006) to change the definition of “total assessed value” for the purposes of the school adjustment factor used in the distribution of tuition support payments to schools. 195 The GA amended I.C. § 20-45-3-6 (effective July 1, 2006) to clarify a school corporation’s target property tax rate used in the distribution tuition support payments to schools. 196 The GA amended I.C. § 36-6-5-3 (effective July 1, 2006) to remove from 197 assessment duties the administration of the dog tax. The GA repealed I.C. §§ 15-5-9 and -10 (effective July 1, 2006) that allowed for the imposition of a dog tax and the treatment of dogs as personal property. 198 The GA added a non-code provision that allows a county to adopt an ordinance allowing for a credit for excessive residential property taxes for property taxes first due and payable in 2006 if tax statements for 2006 have not 199 yet been issued. This section expired January 1, 2007 (effective March 24, 2006). 200 The GA added a non-code provision that distributes money remaining in the state dog account on June 30, 2006 on a prorated basis of 50% to Purdue University School of Veterinary Science and Medicine and 50% to counties that 201 paid the state from the counties’ dog funds. This amendment also specifies how the counties’ share of the distribution may be spent (effective July 1, 2006). 202 The GA added a non-code provision defining the “additional 2006 homestead credit” is the part of the homestead credit that exceeds 20% (effective March 24, 203 2006). This amendment also states the definitions contained in I.C. §§ 6-1.1-1, 204 20.9, and 21 apply to the application of this credit. Further, this amendment provides instructions to the county auditor as to how to administer the credit. 205 The GA amended I.C. § 36-4-3-4.1 (effective July 1, 2006) to allow a town 193. Id. § 38. 194. Id. § 39. 195. Id. § 44. 196. Id. § 46. 197. Id. § 48. 198. Id. § 49. 199. Id. § 50. 200. Id. 201. Id. § 51. 202. Id. 203. Id. § 57. 204. Id. 205. Id.
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Page 3 and 4: 2007] TAX LAW 1105 at the end of mo
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Page 9 and 10: 2007] TAX LAW 1111 I.C. § 6-1.1-12
Page 11 and 12: 2007] TAX LAW 1113 86 to change a b
Page 13 and 14: 2007] TAX LAW 1115 I.C. § 36-7-30-
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Page 17 and 18: 2007] TAX LAW 1119 a county auditor
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Page 27 and 28: 2007] TAX LAW 1129 by reorganizing
Page 29 and 30: 2007] TAX LAW 1131 D. Income Tax Be
Page 31 and 32: 2007] TAX LAW 1133 2006, the term
Page 33 and 34: 2007] TAX LAW 1135 324 325 uses the
Page 35 and 36: 2007] TAX LAW 1137 Interest accrues
Page 37 and 38: 2007] TAX LAW 1139 A county sheriff
Page 39 and 40: 2007] TAX LAW 1141 386 years 2006 a
Page 41 and 42: 2007] TAX LAW 1143 I.C. § 6-2.5-6-
Page 43 and 44: 2007] TAX LAW 1145 biodiesel and bl
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Page 49 and 50: 2007] TAX LAW 1151 C. Bonney v. Ind
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Page 57 and 58: 2007] TAX LAW 1159 603 the assessed
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Page 67 and 68: 2007] TAX LAW 1169 752 spouse. The
Page 69 and 70: 2007] TAX LAW 1171 784 taxing abili
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2007] TAX LAW 1173 814 adjusted gro
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