2018 Indiana Code
TITLE 6. Taxation
ARTICLE 1.1. PROPERTY TAXES
CHAPTER 12.4. Investment Deduction
6-1.1-12.4-5. Additional deductions for property prohibited

Universal Citation: IN Code § 6-1.1-12.4-5 (2018)
IC 6-1.1-12.4-5 Additional deductions for property prohibited

     Sec. 5. A property owner that qualifies for a deduction for a year under this chapter and another statute with respect to the same:

(1) real property development, redevelopment, or rehabilitation; or

(2) personal property purchase;

may not receive a deduction under both statutes for the development, redevelopment, rehabilitation, or purchase for that year.

As added by P.L.193-2005, SEC.8.

 

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