2018 Indiana Code
TITLE 6. Taxation
CHAPTER 10.3. County Option Exemption of Business Personal Property
6-1.1-10.3-4. "New personal property"

Universal Citation: IN Code § 6-1.1-10.3-4 (2018)
IC 6-1.1-10.3-4 "New personal property"

     Sec. 4. As used in this chapter, "new personal property" means business personal property that:

(1) a taxpayer places in service after the later of the date the exemption ordinance is adopted or a date specified in the exemption ordinance; and

(2) has not previously been used in Indiana before the taxpayer acquires the business personal property.

As added by P.L.80-2014, SEC.2.


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