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Indiana Code — Title 6 (Taxation)

IC 6-1.1-8-4

Companies within and partially outside state; tax

Official textiga.in.govlast amended

determinations
Sec. 4. (a) If a public utility company operates a system partially within and partially without this state, the company's property which is subject to taxation under this chapter is:

# (1)

that property which has a definite situs in this state; and

# (2)

that property which does not have a definite situs either in this state or in any other state and which the department of local government finance determines is taxable in this state.

(b) To determine the value of an interstate public utility company's property which does not have a definite situs either in this state or in any other state and which is taxable in this state, the department of local government finance shall consider the value of all the company's property which does not have a definite situs and shall allocate a reasonable portion of that property to this state. The department of local government finance shall make the allocation in a manner which is fair to both the state and the company.
[Pre-1975 Property Tax Recodification Citation: 6-1-44-9 part.]
Formerly: Acts 1975, P.L.47, SEC.1. As amended by Acts 1977, P.L.2, SEC.11;
P.L.90-2002, SEC.57.

Amendment history

Formerly: Acts 1975, P.L.47, SEC.1. As amended by Acts 1977, P.L.2, SEC.11; P.L.90-2002, SEC.57.

Source: view the official text

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Nearby sections (25 sections)
  1. 6-1.1-7-9 · Late payment or nonpayment; penalties
  2. 6-1.1-7-10 · Movement of mobile home; transfer of title; permits
  3. 6-1.1-7-10.4 · Sale of mobile home
  4. 6-1.1-7-11 · Movers of mobile homes; display of permit
  5. 6-1.1-7-12 · Violation of IC 6-1.1-7-11(a); offense
  6. 6-1.1-7-13 · Violation of IC 6-1.1-7-3; offense
  7. 6-1.1-7-14 · Violation of IC 6-1.1-7-10.4; offense
  8. 6-1.1-7-15 · Waiver of personal property tax liability on certain mobile
  9. 6-1.1-7-16 · Duty to develop a system for recording property tax
  10. 6-1.1-8-1 · Property owned or used by public utility company
  11. 6-1.1-8-2 · Definitions
  12. 6-1.1-8-3 · Companies subject to taxation; exemptions
  13. 6-1.1-8-4 · Companies within and partially outside state; tax
  14. 6-1.1-8-5 · Fixed property; definite-situs distributable property;
  15. 6-1.1-8-6 · Bridge companies
  16. 6-1.1-8-7 · Bus companies
  17. 6-1.1-8-8 · Express companies
  18. 6-1.1-8-9 · Light, heat, or power companies
  19. 6-1.1-8-10 · Pipe line companies
  20. 6-1.1-8-11 · Railroad companies
  21. 6-1.1-8-12 · Railcar companies
  22. 6-1.1-8-12.5 · Repealed
  23. 6-1.1-8-13 · Sleeping car companies
  24. 6-1.1-8-14 · Street railway companies
  25. 6-1.1-8-15 · Telephone, telegraph, or cable companies
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