Section 50IAC26-7-20. Refunds  


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  •    Tax and billing software must:

    (1) capture refund data;

    (2) incorporate it into the property tax settlement process according to the:

    (A) manual for county auditors;

    (B) manual for county treasurers; and

    (C) settlement instructions; and

    (3) be able to compute a refund amount based on a change in:

    (A) assessment;

    (B) deductions;

    (C) exemptions;

    (D) credits;

    (E) penalties charged; or

    (F) any combination thereof.

    (Department of Local Government Finance; 50 IAC 26-7-20; filed Jan 28, 2011, 3:07 p.m.: 20110223-IR-050100165FRA)