Indiana ranks well in national fiscal report, earns a ‘B’
Truth in Accounting’s Financial State of the States report gave Indiana a ‘B’ grade, ranking it 15th in the nation.
Indiana Department of Revenue
Articles
IN Tax Court rules in favor of state revenue department in toll road tax dispute
The Indiana Toll Road’s lease established it as a publicly maintained road for the 2016 and 2017 tax years, the Indiana Tax Court ruled Wednesday in denying three motor carriers’ claims that they should be awarded motor fuel tax refunds for those years.
Financial company wins summary judgment on bad debt deductions
A financial company seeking bad debt deductions on defaulted contracts has won partial summary judgment at the Indiana Tax Court.
Indiana Lottery to send expected $362 million surplus back to state
Indiana’s lottery expects to send a whopping $361.7 million to state coffers, up 4% from last year’s payout but down from a pandemic-era record-high.
Department of Revenue nets partial victory in R&D tax dispute
The Indiana Tax Court has affirmed the Indiana Department of State Revenue’s decisions about the amount of sales tax that a pharmaceutical research firm owes on its research-and-development-related utility purchases.
Changes made to Indiana Tax Court Rules about filing times, small tax cases
The Indiana Supreme Court has made alternations to the requirements for filing appeals of final determinations in certain tax disputes, among other changes.
Indiana will tax loan forgiveness, similar to other states
Indiana will tax student debt relief as income, reflecting similar policies in other U.S. states following the Biden administration’s announcement of a forgiveness plan last month.
Indiana gas tax set to increase while state eyes inflation relief
Indiana will see another increase in state gasoline taxes starting July 1 amid promises of inflation relief—including a proposal to issue direct payments to Indiana residents later this month.
Tax Court dismisses law firm’s appeal for lack of jurisdiction
The Indiana Tax Court has dismissed an appeal from an Indianapolis law office that was ordered to pay an outstanding liability after it mislabeled withholding tax returns in 2021, finding the court lacked jurisdiction in the case.
Tax Court allows motor carriers’ refund case to proceed
Three motor carriers can proceed with their claims for a tax refund from the state, the Indiana Tax Court has ruled.
Tax Court affirms assessment of Boone County Meijer store
The Indiana Tax Court has affirmed a final determination rendered by the Indiana Board of Tax Review for a Boone County Meijer store that increased its assessed value over four years.
Tax Court sinks claim for research credit
Arguments made by a custom boat builder along the Ohio River failed to float in a case of first impression after the Indiana Tax Court found the company did not qualify for the state’s research expense tax credit.
Tax Court affirms for iron company in Kosciuscko County dispute
The Indiana Tax Court has affirmed the Indiana Board of Tax Review’s final determination that an iron company’s 2017 personal property tax assessment was final.
Tax Court affirms reduced assessment of Grant County golf course property
The Indiana Tax Court has affirmed the Indiana Board of Tax Review’s final determination that reduced the assessment of a Grant County couple’s golf course land. The court could find no basis to find for the county assessor on appeal.
Tax Court partially reverses tax board’s dismissal of HOAs’ common area claims
A final decision by the Indiana Board of Tax Review that dismissed claims from three homeowners associations was partially reversed by the Indiana Tax Court in a Monday decision.
Affordable housing nonprofit qualifies for charitable tax exemption, Tax Court says
A Columbus-based affordable housing nonprofit qualifies for charitable purposes exemptions for several years of its operation, the Indiana Tax Court ruled on Monday, rejecting arguments posed by the Bartholomew County assessor.
Tax Court affirms Evansville rehab center falls under 3% tax cap
An Evansville temporary inpatient rehab center is not considered to be either a long-term care property or a residential property, the Indiana Tax Court affirmed Tuesday. As such, the property owner’s tax liability was required to be computed using the 3% property tax cap.
Fort Wayne gets future fire tax revenues for annexed area, divided COA rules
The city of Fort Wayne is entitled to tax revenues for providing fire protection services to annexed land in Allen County, but past revenues will stay with the original fire protection district that served the area before the annexation, the Indiana Court of Appeals ruled Friday. A dissenting judge, however, questioned whether the case should have proceeded in the Indiana Tax Court instead.
COA halts bid to recoup hundreds of millions in motor carrier fees
An appeals court on Friday affirmed a judgment for the Indiana Department of Revenue in a class-action lawsuit that sought to recoup hundreds of millions of dollars in state motor carrier fees trucking companies paid online.
Holcomb names new revenue commissioner
Indiana Gov. Eric Holcomb has named Bob Grennes as new Department of Revenue Commissioner. Grennes will succeed outgoing commissioner Adam Krupp, who is resigning effective Jan. 31 to challenge Curtis Hill for the Republican nomination for Indiana Attorney General.