So, you re doing your Indiana state income taxes, and you get to line 15, county income tax. There it is. You must pay the county income tax. Or, maybe your county is considering a local income tax.
School corporations get some, but only for property tax relief.
COIT is the county option income tax. It raises more revenue in total than the other two because many of the biggest counties have it. It s made up of the county council, city councils and town boards. Votes are divided based on population shares. Local governments can use COIT revenue for homeowner property tax relief, but mostly it s used for new spending.