50 Ind. Admin. Code 22-10-1

Current through October 23, 2024

Section 50 IAC 22-10-1 - Appeal rights

Authority: IC 6-1.1-12.4-13

Affected: IC 6-1.1-12.4

Sec. 1.

(a) An official may review an investment deduction to determine whether the property has created or retained jobs as set forth in IC 6-1.1-12.4-6 and this article.

(b) An official who determines that the creation or retention of employment has not occurred shall follow the notification and hearing procedures outlined in IC 6-1.1-12.4-6 through IC 6-1.1-12.4-9.

(c) The review referenced in subsection (a) is only to determine the eligibility of property for the investment deduction. An official may not use the statutory procedure in IC 6-1.1-12.4-6 through IC 6-1.1-12.4-9 to appeal the amount of the investment deduction.

(d) If an official disallows or modifies the claimed investment deduction for any reason other than a determination under subsection (a), the taxpayer may appeal the denial or modification in accordance with the statutory provisions and procedural remedies otherwise applicable and available when an assessment is changed or a deduction is denied.

50 IAC 22-10-1

Department of Local Government Finance; 50 IAC 22-10-1; filed Jun 15, 2006, 11:25 a.m.: 20060712-IR-050050144FRA