Supreme Court Decides United States v. Clarke:  Conjecture not enough to examine IRS officials regarding their reasons for issuing a summons

Supreme Court Decides United States v. Clarke: Conjecture not enough to examine IRS officials regarding their reasons for issuing a summons

This post was prepared by Trina K. Taylor and Charles F. Webber. On June 19, 2014, the United States Supreme Court held that a taxpayer has the right to examine Internal Revenue Service (IRS) officials regarding their reasons for issuing a summons only if the taxpayer points to facts or circumstances that raise … [Read more...]

Allen County Referendum Is a Good Start:  Could Indiana Eventually Replace Elected Assessors with Appointed Tax Administrators?

Allen County Referendum Is a Good Start: Could Indiana Eventually Replace Elected Assessors with Appointed Tax Administrators?

To the great credit of the General Assembly and Governor Pence, House Bill 1346 was enacted to allow Allen County voters to decide if they want to transition from a three-member county board of commissioners, which has executive and legislative powers, to a single county executive balanced by a county council … [Read more...]

More Relief to Local Indiana Government, Without More Taxes

More Relief to Local Indiana Government, Without More Taxes

Today, in the Indiana Forefront blog sponsored by the Indianapolis Business Journal, Faegre Baker Daniels attorney Chris W. Cotterill addresses this important question -- one faced by virtually every local government across the State.  Cotterill, who previously served as Indianapolis Mayor Gregory A. Ballard’s … [Read more...]

Boat Purchase Exclusion from Illinois Use Tax Anchored on Temporary Storage Exemption

Boat Purchase Exclusion from Illinois Use Tax Anchored on Temporary Storage Exemption

An Illinois resident taxpayer purchased a boat from an individual who lives in Kentucky in 2011.  The taxpayer completed the Aircraft/Watercraft Use Tax Transaction Report (IL Form RUT-75) and filed it with the Department of Revenue, claiming that the boat was exempt from watercraft use tax.  But the Department … [Read more...]

Indiana taxes – Let’s reorganize local government to save more money

Indiana taxes – Let’s reorganize local government to save more money

The Indiana General Assembly is considering proposals to reduce, if not eliminate, Indiana's personal property tax burden.  In the Indianapolis Star yesterday, Faegre Baker Daniels attorney Chris W. Cotterill, who previously served as Indianapolis Mayor Gregory A. Ballard’s Chief of Staff, offered his thoughts on … [Read more...]

California appellate court melts ice cream producer’s external obsolescence claim for a reduction in the assessed value of its personal property

California appellate court melts ice cream producer’s external obsolescence claim for a reduction in the assessed value of its personal property

In Dreyer’s Grand Ice Cream, Inc. v. County of Kern, Cause No. F064154 (July 22, 2013), the California Court of Appeals observed that an external obsolescence adjustment to the assessed value of personal property may be justified when there is excess capacity (or underutilization) that is recognized in the market … [Read more...]