50 Ind. Admin. Code 26-7-20

Current through December 12, 2024

Section 50 IAC 26-7-20 - Refunds

Authority: IC 6-1.1-31-1; IC 6-1.1-31.5-3.5

Affected: IC 6-1.1-31.5

Sec. 20.

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.

50 IAC 26-7-20

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

Readopted filed 10/4/2024, 4:04 p.m.: 20241030-IR-050230833RFA