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In 2014, the Indiana state legislature passed a law that cut the corporate income tax from 8.50% in 2014 to 6.25% in 2016, with further decreases to be phased in until the rate falls to 4.9% in 2022. [5] Indiana is the only state that imposes corporate income taxes based on fiscal year instead of calendar year.
Personal property is a standard coverage on a homeowners insurance policy. It covers belongings like furniture and clothing, paying up to a certain limit if they are stolen or damaged by a covered ...
Accountants distinguish personal property from real property because personal property can be depreciated faster than improvements (while land is not depreciable at all). It is an owner's right to get tax benefits for chattel, and there are businesses that specialize in appraising personal property, or chattel.
Property taxes are imposed on both real and personal property in Indiana and are administered by the Department of Local Government Finance. [203] Property is subject to taxation by a variety of taxing units (schools, counties, townships, municipalities, and libraries), making the total tax rate the sum of the tax rates imposed by all taxing ...
County school boards are responsible for funding and management of the public school system within their district. The majority of school funding comes from property taxes. The tax rate is subject to state level approval and is capped by law. Courts: Each county has its own circuit court, formed pursuant to the Indiana state constitution. Some ...
The auditor of state, officially doing business as "the state comptroller", functions as the chief financial officer for the whole of state government. In terms of financial accounting, the auditor of state creates and operates the statewide accounting system, maintains a record of revenues, expenditures and balances by state fund, collects debts owed the state, and prepares various financial ...
Unclaimed property laws in the United States provide for two reporting periods each year whereby unclaimed bank accounts, stocks, insurance proceeds, utility deposits, un-cashed checks and other forms of "personal property" are reported first to the individual state's Unclaimed Property Office, then published in a local newspaper and then ...
Andrew Thomas House, in Carroll County First Christian Church, designed by Eliel Saarinen, in Bartholomew County Jeffries Ford Covered Bridge, destroyed by fire in 2002 but still NRHP-listed, in Parke County State Bank of Indiana, Branch of (Memorial Hall), in Vigo County USS LST 325 (tank landing ship), Vanderburgh County St. Augustine's Episcopal Church, designed by Edward D. Dart, in Lake ...