In its 2018 legislative session the Indiana General Assembly enacted and the Governor approved House Enrolled Act No. 1323, which starting in 2019 imposes a new excise tax on “heavy rental equipment” while removing such equipment from taxation as personal property. “Heavy rental equipment” under new Ind. Code § … [Read more...]
2018 Indiana Property Tax Exemption Applications Due Soon; Preserving Historical Buildings An Exempt Charitable Purpose
March 14, 2018 Leave a Comment
The Indiana property tax filing season is upon us, with Form 136 exemption applications for the January 1, 2018 assessment date due by April 1st for taxpayers wishing to claim exemptions for real and personal property. Whether an application is due is a fact specific inquiry, depending in part on the property, … [Read more...]
Indiana Tax Court Affirms 81% Charitable Purposes Exemption for Mental Health Facility
December 28, 2017 Leave a Comment
On December 8th, the Indiana Tax Court in Starke County Assessor v. Porter-Starke Services, Inc. upheld a charitable purposes exemption applied to a medical building as of the March 1, 2015 assessment date. Taxpayer operated a community mental health center (CMHC), which was certified by the Indiana Family and … [Read more...]
Indiana Tax Court Breathes New Life into Ministry’s Property Tax Exemption Appeal
December 28, 2017 Leave a Comment
The Indiana Tax Court in Lake County Trust Co., Trust No. 6 v. St. Joseph County Assessor on October 17th reversed the dismissal of an exemption appeal by a 501(c)(3) non-profit, Flowers for Heaven, Inc., operating a pro-life ministry in South Bend for the 2013 assessment date. The Ministry filed an exemption … [Read more...]
Understanding Property Tax Delinquency in Indiana Law
October 2, 2017 Leave a Comment
What happens if an Indiana property owner fails to pay property tax? If this is a persistent failure, the property owner will be subject to sanctions under Indiana Code §§ 6-1.1-24 and 25 et seq. The ultimate sanction — the “death penalty” — includes sale of the property at a tax sale, where title will be issued … [Read more...]
Delaware Court unlocks opportunities to reduce property tax burden
September 1, 2017 Leave a Comment
Reducing property tax assessments can be challenging under the best of circumstances, and distinctions between state tax systems make minimizing that burden across a commercial or industrial portfolio especially daunting. Delaware's property tax regime is amongst the most difficult systems in the United States, … [Read more...]