{"data":{"id":"us-in/ic-6-1.1-12-0.5","jurisdiction":"us-in","citation":"IC 6-1.1-12-0.5","heading":"Basis for taxation after deduction","body":"Sec. 0.5. For each year that a deduction from the assessed value of tangible property is allowed, the assessed value remaining after the deduction is the basis for taxation of the property.","path":["TITLE 6. TAXATION","ARTICLE 1.1. PROPERTY TAXES","Chapter 12. Assessed Value Deductions and Deduction Procedures"],"source_url":"https://iga.in.gov/ic/2026/Title_6.html#6-1.1-12-0.5","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-09T01:51:39Z","sha256":"d87947b74fd42a8a2051f9b3e2b87506dce0a5d4ca979625c273d9c525734545","source_id":"us-in","stale":false,"prev":"us-in/ic-6-1.1-11-11","next":"us-in/ic-6-1.1-12-0.7"},"notice":"GroundRules: Original legal text. Not legal advice."}