Advising Pro Bono Clients on State Tax Issues:  An August 23d CLE presented by the Indiana State Bar Association

Advising Pro Bono Clients on State Tax Issues: An August 23d CLE presented by the Indiana State Bar Association

Tax practitioners (and attorneys who may want to learn more about State & Local Tax) - How can you help?   The Indiana State Bar Association is presenting a Continuing Legal Education (CLE) program next Friday August 23d that will provide an overview of Indiana tax appeals (property, income, sales/use).  You … [Read more...]

A Hit (assisted living factility) and a few Misses (office, manufacturing, lodge space) with 2013 Indiana Property Tax Exemption Appeals

A Hit (assisted living factility) and a few Misses (office, manufacturing, lodge space) with 2013 Indiana Property Tax Exemption Appeals

Indiana offers several property tax exemptions, but the most common - and the most contested - is the exemption for (among other things) charitable, educational  and religious purposes permitted by Indiana Code § 6-1.1-10-16.  To qualify its real and/or personal property for the exemption, a taxpayer must meet a … [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...]

Property Tax – Indiana Board of Tax Review tackles ratio studies, short sales and foreclosures, USPAP appraisals and comparable sales

Property Tax – Indiana Board of Tax Review tackles ratio studies, short sales and foreclosures, USPAP appraisals and comparable sales

This post was contributed by Nick Alford, a summer associate at Faegre Baker Daniels working in our Indianapolis office.  Nick will be starting his third year of law school at the Maurer School of Law in Bloomington, Indiana, this fall. Assessor failed to show property wasn't the “same property” for purposes of … [Read more...]

Indiana Property Tax:  IndyGo’s Requests for $1+ Million in Shortfall Appeals Fall Short

Indiana Property Tax: IndyGo’s Requests for $1+ Million in Shortfall Appeals Fall Short

IndyGo is a public transportation corporation providing bus service throughout Marion County, excluding the Cities of Lawrence and Southport and the Town of Speedway.  In 2008, IndyGo sought approval to impose an excess property tax levy of $1,047,369 because it suffered property tax revenue shortfalls for the … [Read more...]

Indiana Property Tax:  Decision on Loan Resolution Remanded to Department of Local Government Finance to Consider Residents’ Constitutional Challenges

Indiana Property Tax: Decision on Loan Resolution Remanded to Department of Local Government Finance to Consider Residents’ Constitutional Challenges

In Brown et al. v. Dep’t of Local Gov’t Fin. (May 24, 2013), Residents challenged the approval by the Department of Local Government Finance (the agency responsible for, among other things, approving local budgets and tax rates) of the Gregg Township Board’s loan resolution for the March 1, 2010 assessment date.  … [Read more...]