50 Ind. Admin. Code 4.2-10-5

Current through May 29, 2024

Section 50 IAC 4.2-10-5 - Scope of rule

Authority: IC 6-1.1-31-1

Affected: IC 6-1.1-3

Sec. 5.

This section is applicable only to the aircraft of the commercial airline and the buses of commercial buslines used and operated in interstate commerce and is not applicable to the other classes of business personal property which the taxpayer may own, possess, or control at the tax situs in question. The other classification of business personal property must be reported and valued pursuant to the other provisions of this article.

50 IAC 4.2-10-5

Department of Local Government Finance; 50 IAC 4.2-10-5; filed Dec 7, 1988, 9:35 a.m.: 12 IR 867, eff Mar 1, 1989; reinstated by IC 6-1.1-3 -22, eff Jul 1, 2003; filed Feb 26, 2010, 2:43 p.m.: 20100324-IR-050090576FRA