"Deduction"

Ind. Code § 6-1.1-1-5
in effect
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Sec. 5. "Deduction" means a situation where a taxpayer is permitted to subtract a fixed dollar amount from the assessed value of his property. [Pre-1975 Property Tax Recodification Citation: 6-1-22-1 part.] Formerly: Acts 1975, P.L.47, SEC.1.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/6Fetched: 10/17/2026

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