Taxes

State's gambling jackpot starts to shrinkRestricted Content

January 28, 2012
Kathleen McLaughlin
Indiana casinos saw their take from gambling fall in 2011, and new competition in Ohio and perhaps other neighboring states virtually guarantees things will get worse from here.
More

Indiana Senate to consider changing tax-refund plan

January 19, 2012
Associated Press
An Indiana Senate committee is advancing a plan to put more money into state savings accounts before automatic tax refunds go out to taxpayers.
More

Indiana reaches online sales tax deal with Amazon.com

January 9, 2012
 IBJ Staff and Associated Press
Amazon.com will begin collecting Indiana's 7-percent sales tax from customers in 2014 under an agreement with the state announced Monday.
More

Indiana lawmaker: Online tax could replace estate tax

January 3, 2012
Associated Press
State Sen. Luke Kenley is floating the idea of using an online sales tax to help replace revenue that wouldn't be collected if a proposal to eliminate the state's inheritance tax becomes law.
More

Budget official: State was warned about tax collections

December 14, 2011
Associated Press
Democrat Erik Gonzalez of the state's budget-forecasting committee said his panel warned the Indiana Department of Revenue something was wrong with corporate tax collections two years before the state discovered it misplaced $320 million.
More

Complex accounts made it easy for state to miss $320M

December 11, 2011
Associated Press
Indiana House and Senate Democrats say they want an investigation into how the money went missing for so long. They submitted a letter to the state's budget forecasting committee requesting an independent audit of the state's finances.
More

Daniels says state discovers extra $300 million

December 6, 2011
Associated Press
Indiana Gov. Mitch Daniels says the state budget will see a one-time cash infusion of $300 million from tax collections that weren't properly transferred into the general fund.
More

EDITORIAL: State can't afford to lose online sales taxRestricted Content

December 3, 2011
The risk is that requiring online retailers to remit the sales tax will chase them away. We think the potential payoffs are worth taking the chance.
More

After hiking taxes, Illinois now considers easing them

November 30, 2011
Associated Press
Less than a year after raising personal and corporate income taxes, Illinois officials are pushing a $250 million package of tax breaks for several prominent businesses threatening to leave for more tax-friendly states, including Indiana.
More

Indiana retailers making push for online sales tax

November 29, 2011
Associated Press
A new coalition of Indiana retailers is planning a lobbying push aimed at convincing state lawmakers to force online businesses to collect the state's 7-percent sales taxes from customers.
More

Study: State loses millions annually in online sales taxes

November 22, 2011
Scott Olson
The report from the Indiana Fiscal Policy Institute says the state loses $40 million to $114 million every year in sales tax revenue from sales to online retailers such as Amazon.
More

Homeless advocates pitch local sales-tax hike

November 15, 2011
Kathleen McLaughlin
CHIP, the Coalition for Homelessness Intervention and Prevention, said it wants Marion County taxpayers to create a permanent, dedicated source of funding for housing and services.
More

Lawmakers looking for solutions to online sales tax issue

November 4, 2011
Francesca Jarosz
At least one Indiana lawmaker plans to file a bill requiring the state to collect sales taxes from online retailers like Amazon.com. Other state lawmakers are working on a federal solution.
More

Indiana continues modest tax-collection gains

November 3, 2011
Associated Press
The state announced Thursday it took in nearly $41 million more than expected last month. The state overshot its estimates by a modest 3.8 percent although collections are vastly improved from a year ago.
More

Simon sues state over sales-tax loophole for Amazon.com

November 3, 2011
Cory Schouten
Simon Property Group Inc. has filed suit against the Indiana Department of Revenue in an attempt to force the state to collect sales taxes from Amazon.com Inc.
More

Charities disagree on potential impact of tax changeRestricted Content

October 29, 2011
Kathleen McLaughlin
Not-for-profit-sector lobbyists are fighting President Obama’s proposal to limit the tax deduction for charitable donations. Yet some local fundraisers who could be affected by it aren’t concerned.
More

Court sides with racinos in tax dispute with state

October 27, 2011
Francesca Jarosz
A federal bankruptcy court has sided with two Indiana racinos in a dispute over their tax burdens, a ruling that could reduce the total amount they pay into state coffers by as much as $30 million per year.
More

Indiana senator pushes taxing online sales

October 19, 2011
 IBJ Staff and Associated Press
Sen. Luke Kenley, R-Noblesville, plans to ask his Statehouse colleagues Thursday to help him lobby Congress for the right to tax online sales.
More

Lilly gets dinged for job cuts

October 10, 2011
J.K. Wall
Eli Lilly and Co. got called out in a recent report on companies that took advantage of the 2004 tax holiday on foreign profits and have since slashed jobs.
More

Indiana doles out $60 million interest payment to fedsRestricted Content

October 8, 2011
 IBJ Staff
The state owes $2 billion in federal unemployment insurance debt.
More

Marion County could get windfall from property tax saleRestricted Content

October 1, 2011
 IBJ Staff
The sale of tax-delinquent properties brought in $13 million above the city’s expenses.
More

Dynasty trusts growing in popularity among super-richRestricted Content

September 17, 2011
Francesca Jarosz
A tool allowing the super-wealthy to pass assets from one generation to the next without paying taxes is resurging among Hoosier investors.
More

Indiana Live to get federal hearing on tax matterRestricted Content

September 10, 2011
 IBJ Staff
Shelbyville racetrack and casino could save millions if it successfully contests the way Indiana interprets state tax law.
More

Indiana property tax caps slice 2011 bills

August 23, 2011
Associated Press
Indiana property taxpayers saw their savings grow by 32 percent this year compared to a year ago thanks to statewide tax caps on their 2011 bills, according to a state report.
More

Court rules state overreached when it shut puppy mill

August 23, 2011
Associated Press
The state had seized and sold 240 dogs at business, citing $142,000 in unpaid taxes.
More
Page  << 1 2 3 4 5 6 7 8 9 10 >> pager
Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
ADVERTISEMENT