Twelve Days of Property Tax Protections for Indiana Taxpayers – Day No. 3:  Assessors have the Burden to Prove that Changes to “Underlying Parcel Characteristics” are Justified

Twelve Days of Property Tax Protections for Indiana Taxpayers – Day No. 3: Assessors have the Burden to Prove that Changes to “Underlying Parcel Characteristics” are Justified

In conducting mass valuations, Indiana assessing officials generally apply the cost approach.  The 2021 Real Property Assessment Manual states, “The Guidelines adopted by the Department of Local Government Finance provide procedures and schedules that are acceptable in determining true tax value under the cost … [Read more...]

Indiana Property Tax Legislation – 2020 Summary

Indiana Property Tax Legislation – 2020 Summary

The 2020 "short" (non-budget) session of the Indiana General Assembly concluded in March. Following is a summary of two acts addressing various property tax matters that passed.  The summary highlights assessment and exemption provisions in those bills.  It is not an exhaustive list.  Readers are encouraged to … [Read more...]

In updated COVID-19 FAQ, Indiana Department of Local Government Finance clarifies application of interest to late property tax payments; No change (yet) to 2020 assessment notice & appeal deadlines; Abatement compliance extended; Waiver of penalties on special assessments and fees

In updated COVID-19 FAQ, Indiana Department of Local Government Finance clarifies application of interest to late property tax payments; No change (yet) to 2020 assessment notice & appeal deadlines; Abatement compliance extended; Waiver of penalties on special assessments and fees

On April 24th, the Indiana Department of Local Government Finance updated its FAQ covering topics related to "COVID-19 & Executive Orders," as those orders relate to property tax assessments, collections and payments. Interest On Late Payments Section 12 addresses the application of interest to Spring 2020 … [Read more...]

Indiana Department of Local Government Finance issues FAQ regarding personal property tax filings, waiver of penalties, 2020 assessments, and other property tax matters in response to COVID-19

Indiana Department of Local Government Finance issues FAQ regarding personal property tax filings, waiver of penalties, 2020 assessments, and other property tax matters in response to COVID-19

As posted earlier, on March 19, 2020, Indiana Governor Eric Holcomb issued Executive Order 20-05. Section 6(B) of the Order states: Property taxes remain due on May 11, 2020, however counties are to waive penalties on payments made after May 11, 2020, for a period of 60 days. This waiver does not apply to tax … [Read more...]

Additional Guidance on Penalties for Indiana Property Tax Payments due May 11th and Personal Property Tax Returns Due May 15th

Additional Guidance on Penalties for Indiana Property Tax Payments due May 11th and Personal Property Tax Returns Due May 15th

Property Taxes Must be Paid on or before July 10th to avoid penalties.  On March 20th I discussed the Indiana Governor's Executive Order No. 20-05, which calls for property payments (for the January 1, 2019 assessment date and payable in 2020) to still be paid on or by May 11th but waiving penalties on payments … [Read more...]

Indiana Board of Tax Review:  Solar Electric Generating Facilities Should be Assessed as Utilities for Property Tax Purposes

Indiana Board of Tax Review: Solar Electric Generating Facilities Should be Assessed as Utilities for Property Tax Purposes

On February 14, 2015, the Indiana Board of Tax Review in eight appeals by the owners of four solar electric generating facilities ruled for the 2013 and 2014 tax years that the solar companies should be centrally assessed by the Indiana Department of Local Government Finance as utilities.  The solar companies sold … [Read more...]