Section 50IAC4.2-3.1-3. Conversion of property  


Latest version.
  •    If, from the evidence available, a township or county assessor determines that a person has temporarily converted any part of the person's personal property into property which is not taxable under this article to avoid the payment of taxes on the converted property, the township or county assessor shall assess the converted property to the taxpayer. (Department of Local Government Finance; 50 IAC 4.2-3.1-3; filed Feb 26, 2010, 2:43 p.m.: 20100324-IR-050090576FRA)