{"data":{"id":"us-in/ic-6-1.1-45-12","jurisdiction":"us-in","citation":"IC 6-1.1-45-12","heading":"Deduction limitation; claiming deduction after expiration of zone","body":"Sec. 12. (a) Subject to subsection (b), a taxpayer may claim a deduction under this chapter for property other than property located in a consolidated city for an assessment date that occurs after:\n(1) the expiration of the enterprise zone in which the enterprise zone property for which the taxpayer made the qualified investment is located; or\n(2) the expiration of the entrepreneur and enterprise district in which the entrepreneur and enterprise district property for which the taxpayer made the qualified investment under IC 5-28-15.5 is located.\n(b) A taxpayer may not claim a deduction under this chapter for more than ten (10) years.","path":["TITLE 6. TAXATION","ARTICLE 1.1. PROPERTY TAXES","Chapter 45. Enterprise Zone Investment Deduction"],"source_url":"https://iga.in.gov/ic/2026/Title_6.html#6-1.1-45-12","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-09T01:51:39Z","sha256":"f296b95a56c15c98d1115f223e87f879976f484046299be94253593672a6bc32","source_id":"us-in","stale":false,"prev":"us-in/ic-6-1.1-45-11","next":"us-in/ic-6-1.1-45.5-1"},"notice":"GroundRules: Original legal text. Not legal advice."}