Indiana Statutes
§ 20-47-3-15 — Exemption of lessor corporation property from taxes
Indiana·Title 20 EDUCATION·Art. 47 RELATED ENTITIES; HOLDING COMPANIES;·Ch. 3 Private Holding Companies
School buildings leased by a lessor
corporation entering into a lease with a school corporation or
corporations under this chapter are exempt from all state, county, and
other taxes. However, the rental payments to a lessor corporation under
the terms of such a lease are subject to all applicable taxes under
Indiana law.
[Pre-2006 Recodification Citation: 21-5-12-10.]
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Indiana § 20-47-3-15 (Exemption of lessor corporation property from taxes) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
As added by P.L.2-2006, SEC.170.
Nearby Sections
15
§ 20-17-1-1
"Prior law"§ 20-17-1-2
Purpose of recodification§ 20-17-1-3
Statutory construction of recodification§ 20-17-1-4
Effect of recodification§ 20-17-1-5
Recodification of prior law§ 20-17-1-6
References to repealed statutes§ 20-17-1-7
References to citations§ 20-17-1-8
References to prior rules§ 20-17-1-9
References to prior law§ 20-17-2-1
"Prior law"§ 20-17-2-2
Purpose of recodification§ 20-17-2-3
Statutory construction of recodification§ 20-17-2-4
Effect of recodification§ 20-17-2-5
Recodification of prior law§ 20-17-2-6
References to repealed statutes