Indiana Administrative Code
Title 50 - DEPARTMENT OF LOCAL GOVERNMENT FINANCE
Article 22 - INVESTMENT DEDUCTION
Rule 3 - Property Eligible for the Investment Deduction
Section 3-4 - Other deductions may not be claimed in conjunction with investment deduction

Universal Citation: 50 IN Admin Code 3-4

Current through March 20, 2024

Authority: IC 6-1.1-12.4-13

Affected: IC 6-1.1-12.4-5

Sec. 4.

If the investment deduction has been claimed for an assessment year, all other statutory deductions as set forth in IC 6-1.1-12.4-5 shall not be claimed on the:

(1) development, redevelopment, or rehabilitation of real property; or

(2) purchase of personal property;

subject to the investment deduction.

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