Property Tax Alert: Indiana

July 2006

An Indiana business personal property tax taxpayer challenging an assessment on the basis that the underlying tax was illegal was required to file a petition for correction of error within three years of when the taxes were first due. The court determined that the statute providing for the correction of an error does not specify a statute of limitations for filing the petition and the corresponding regulations are ambiguous. Though, recent Indiana Supreme Court case law has clarified the assessment challenge procedures by stating that the three year limitations period, beginning on the date the taxes were first due, applies to correction of error proceedings as well as the claim for refund.

Please contact Rash & Associates for more information.