Ind. Code § 6-1.1-10.3-4

Current through P.L. 171-2024

Section 6-1.1-10.3-4 - "New personal property"

As used in this chapter, "new personal property" means business personal property that:

(1) a taxpayer places in service after the later of the date the exemption ordinance is adopted or a date specified in the exemption ordinance; and

(2) has not previously been used in Indiana before the taxpayer acquires the business personal property.

IC 6-1.1-10.3-4

Added by P.L. 80-2014, SEC. 2, eff. 7/1/2015.