Partnertax.ai
Start free trial →

Indiana Code — Title 6 (Taxation)

IC 6-1.1-8-8

Express companies

Official textiga.in.govlast amended

Sec. 8.

# (a)

The fixed property of an express company consists of real property. The remainder of the express company's property is indefinite-situs distributable property.

# (b)

The department of local government finance shall apportion and distribute the assessed valuation of an express company's indefinite-situs distributable property among the

taxing districts in which the fixed property of the company is located. The amount which the department of local government finance shall distribute to a taxing district equals the product of (1) the total assessed valuation of the express company's indefinite-situs distributable property, multiplied by (2) a fraction, the numerator of which is the value of the company's fixed property which is located in the taxing district, and the denominator of which is the value of the company's fixed property which is located in this state.
[Pre-1975 Property Tax Recodification Citation: 6-1-44-11(4).]
Formerly: Acts 1975, P.L.47, SEC.1. As amended by P.L.90-2002, SEC.60;
P.L.182-2009(ss), SEC.94.

Amendment history

Formerly: Acts 1975, P.L.47, SEC.1. As amended by P.L.90-2002, SEC.60; P.L.182-2009(ss), SEC.94.

Source: view the official text

Report a problem

What's wrong?

Sent anonymously with this page's citation. No personal information is collected.
Nearby sections (25 sections)
  1. 6-1.1-7-12 · Violation of IC 6-1.1-7-11(a); offense
  2. 6-1.1-7-13 · Violation of IC 6-1.1-7-3; offense
  3. 6-1.1-7-14 · Violation of IC 6-1.1-7-10.4; offense
  4. 6-1.1-7-15 · Waiver of personal property tax liability on certain mobile
  5. 6-1.1-7-16 · Duty to develop a system for recording property tax
  6. 6-1.1-8-1 · Property owned or used by public utility company
  7. 6-1.1-8-2 · Definitions
  8. 6-1.1-8-3 · Companies subject to taxation; exemptions
  9. 6-1.1-8-4 · Companies within and partially outside state; tax
  10. 6-1.1-8-5 · Fixed property; definite-situs distributable property;
  11. 6-1.1-8-6 · Bridge companies
  12. 6-1.1-8-7 · Bus companies
  13. 6-1.1-8-8 · Express companies
  14. 6-1.1-8-9 · Light, heat, or power companies
  15. 6-1.1-8-10 · Pipe line companies
  16. 6-1.1-8-11 · Railroad companies
  17. 6-1.1-8-12 · Railcar companies
  18. 6-1.1-8-12.5 · Repealed
  19. 6-1.1-8-13 · Sleeping car companies
  20. 6-1.1-8-14 · Street railway companies
  21. 6-1.1-8-15 · Telephone, telegraph, or cable companies
  22. 6-1.1-8-16 · Tunnel companies
  23. 6-1.1-8-17 · Water distribution companies
  24. 6-1.1-8-18 · Other companies
  25. 6-1.1-8-19 · Statement of value and description of property; filing…
Full table of contents →