Indiana Statutes
§ 6-6-11-11 — Reductions in tax; age of boat
The boat excise tax due under section 10 of
this chapter is reduced by ten percent (10%) for each year since the
model year of the boat, not to exceed fifty percent (50%). The reduced
excise tax liability shall be rounded upward to the next full dollar
amount. However, the boat excise tax due for a year may not be
reduced to less than six dollars ($6) for a Class 2 boat or two dollars
($2) for a Class 1 boat.
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Legislative History
As added by P.L.98-1989, SEC.1. Amended by P.L.33-1990,
SEC.18; P.L.71-1991, SEC.2; P.L.256-2017, SEC.75; P.L.178-2019,
SEC.27.
Nearby Sections
15
§ 6-1.1-1-1
Applicability§ 6-1.1-1-1.5
"Assessing official"§ 6-1.1-1-10
"Person"§ 6-1.1-1-11
"Personal property"§ 6-1.1-1-12
"Political subdivision"§ 6-1.1-1-13
Repealed§ 6-1.1-1-14
"Property taxation"§ 6-1.1-1-15
"Real property"§ 6-1.1-1-16
"School corporation"§ 6-1.1-1-17
"Special assessment"§ 6-1.1-1-18
"State agency"§ 6-1.1-1-19
"Tangible property"§ 6-1.1-1-2
"Assessment date"§ 6-1.1-1-20
"Taxing district"§ 6-1.1-1-21
"Taxing unit"