Metal processor entitled to equipment, consumption exemptions
The Indiana Tax Court found Wednesday that an Illinois corporation that processes scrap steel is entitled to two exemptions under Indiana Code related to its sales and use taxes owed.
Tax Issues
Articles
Treasury corporate-debt rules exceed authority, tax lawyers say
The U.S. Treasury Department exceeded its authority by proposing wide-ranging regulations intended to curb corporations’ ability to shift their American earnings overseas, tax lawyers told agency officials during a hearing.
Official to plead guilty to tax assessment shakedown
A northwest Indiana assessor's office employee will plead guilty to allegedly shaking down businesses in exchange for reducing their tax assessments.
Pacers’ legal tenacity on display in IRS fight
The legal fallout stemming from Melvin Simon’s decision to unload his half of the Indiana Pacers to his brother Herb just a few months before his September 2009 death is getting crazier by the day.
Wells Fargo’s partial tax victory may spur billions in refunds
Wells Fargo & Co. got less than it wanted in a federal tax-refund lawsuit, yet the bank’s partial victory may spur billions of dollars in similar refund claims from companies that have done repeated mergers and acquisitions, tax lawyers say.
Vendor, Department of Revenue win partial victories on sales tax case
The Indiana Department of Revenue and a company that sold food through vending machines and its cafeteria both were victorious in Indiana Tax Court Thursday on the issue of whether all of the company’s vending machine sales and cafeteria sales are subject to sales tax and negligence penalties.
Tax court adjusts sales, use taxes for contractor
The Indiana Tax Court reversed some issues and affirmed others related to Miller Pipeline’s claim of refund of sales and use taxes remitted for the 2006 and 2007 tax years, ruling the contractor overpaid by tens of thousands of dollars.
7th Circuit: Horse racing venture was a business
An Indiana man who ran a horse racing business had his tax deficiencies for the 2005 and 2006 tax years voided by the 7th Circuit Court of Appeals after Judge Richard Posner ripped apart an opinion by the U.S. Tax Court.
COA: Man entitled to refund after property reclaimed
The Indiana Court of Appeals reversed a Vanderburgh Superior trial court Friday, ruling a man can claim a refund after the property he bought at a tax sale was reclaimed by the owner due to a clerical error.
Man again wins tax claim in part; full decision awaits
Nick Popovich’s ongoing saga with the Indiana Tax Court continued Thursday as he again won a partial victory against the Indiana Department of State Revenue.
Tax Court: Shopping center’s assessment should be reduced
The Indiana Tax Court ruled a shopping center’s property assessment should be reduced for the 2006 tax year.
Tax Court: Mall property value should be reduced
The Indiana Board of Tax Review did not err when it reduced the property assessments of Lafayette Square Mall for 2006 and 2007, the Indiana Tax Court ruled Friday.
Go Fund the IBF or Kickstart my Potato Salad?
It’s tax season, which means it’s time to atone for the tax sins of 2015 and pledge to do better in 2016. Let’s see if you’re ready.
Man, IRS win split Tax Court decisions
The Indiana Tax Court ruled Nick Popovich should get $24,963 for successfully prosecuting his first motion to compel against the Indiana Department of Revenue, but ruled the Department of Revenue should get $5,175.25 in court fees for successfully defending Popovich’s second motion to compel.
IU students offer free tax assistance
Students with Indiana University Maurer School of Law and the Kelley School of Business will assist local taxpayers with free tax preparation help during February and March.
Notre Dame to add tax clinic to curriculum
Notre Dame Law School is preparing to launch a tax clinic to assist low-income and immigrant families in northern Indiana.
County scores partial victory on mall assessments
The Marion County assessor, who argued the values assigned to Washington Square mall for 2006-2010 were too low, will see an uptick in the assessed value of the mall in three of those years following a ruling from the Indiana Tax Court.
Man did not provide enough evidence to reduce home valuation
A homeowner seeking to reduce the valuation of his home did not provide enough evidence to the Indiana Board of Tax Review to support his argument, the Indiana Tax Court ruled Wednesday.
COA upholds decision to deny Edinburgh tax deed
A trial court did not err when it entered an order denying the town of Edinburgh’s request for the issuance of a tax deed and granting the landowner equitable relief, the Indiana Court of Appeals held Tuesday.
Court rules in favor of Columbia Sportswear in income tax dispute
The Indiana Tax Court ruled Friday that the Indiana Department of State Revenue’s adjustments to Columbia Sportwear’s net income for tax years 2005-2007 were not proper and granted summary judgment in favor of the clothing company.