Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-01-21
TAX BOARDHIT
1TTEMIZED LIST
IN ASSESSMENT
Household Schedule Simpli.
fed and Real Estate VaIu-
alton Dates Advanced.
HEED GOVERNORS WISH

New rules for the assessment of prop
erty during 1921 have been made by the
state board Of tax commissioners. Elimi-
nation of the itemIzed list OF household
goods from the personal property sched-
ule used in making assessments for tax
alton purposes and advancement OF all
dates for fling applications for reassess-
ment of real estate are included in the
rules.
The suggestion Of Governor Warren I.
MeCray, contained in his first message
to the Legislature, was carried out IN
the elimination of the itemized list of
household goods from the assessment
bIauk The new orders, however, pro
<@gde that under the heading Of "house-
hold furniture and library that the num-
Der of rooms in the house must be
given.
TEXT OF
NEW RULES.
The complete text Of the new rules, as
made by the tax commissioners, follows:
-Under its power to prescribe and pro-
mulgate all forms of books, schedules,
blanks, notices and all other papers re-
quired to be used in fully carrying out
the purpose Of the tax law, the State
board of tax commissioners on Jan. is,
1921, did adopt necessary forms to be
used for the assessing of property in the
State of Indiana. such forms being num-
bered from one to thirty-ive inclusive.
Individuals, firms, partnerships, unincOr-
pOrated companies and foreign corpora
lions engaged in manufacturing, mer-
ehandising or brokerage business in the
State of Indiana shall be and are re-
quired to answer the questions and give
the information asked for in form No.
n 40 II
provided in sections 10T and los OF the
tax law. shall be and are required to
answer the questions and give the infor-
nation asked for in form ?, 1921 All
taxpayers shall be and are required to
answer the interrOgatories set out in
form No. 1, 1921 known as the personal
property schedule and give such other IN
formation concerning the value Of prop
erty as may be required Of them. Any
failure or the part Of & taxpayer to give
the information requested shall be con-
sidered a refusal to give information to
the assessing officer, and the assessing
officer is authorized 20 assess such tax
payer such amount Of personal as he
may deem just. (This rule is similar in
effect to Rule 10 adopted for the year
1920.
REASSESSSIENT
OF REAL ESTATE.
"Under its power to order reassess-
ment OF real estate in any taxing unit,
Aor units, or of any individual owning
~ estate, the state board of tax com
ssiOners will receive applications from
Expayers for a reassessment OF real
state at any time prior to the first day
Tof April. An application for reassess-
ment shall contain % the description of
the property, % the name Of the taxing
unit wherein it is located, 80 the assessed
value, ~ the true cash value Of same
on March 1 of the current year, 60 waiver
OF the notice required by the provisions
OF Sec. 152 of An Act Concerning Tax
alton approved March IL, 1919, and (6)
the approval of the county assessor, county
auditor and county treasurer, or any two
OF these officers Of the county wherein
such real estate Is located.
f"On receiving such application duly
verified, if approved by the board, the
board will order a reassessment Of the
real estate TO be made by the proper
local assessing officer. Such officer shall
assess the said real estate and notify
the owner OF the amount of the assess
ment made and such taxpayer, If he is
not satisfied, may appear before the
county board of review at its regular
session in June and make such objection
as he may deem necessary. If not salts
fed with the action of the county board
of review, he may appeal to the State
board Of tax commissioners as provided
in Sec. 1S9 OF the tax law.
TAXPAYER CAN FILE
APPLICATION.
"Any taxpayer desiring a reappraise-
ment Of any real estate where the as
ssessed value of such real estate is less
than its full true value, shall file an ap-
plfcatiOn similar to that herein provided,
without waiver or notice, not later than
March 21 If approved by the board,
notice shall thereafter be given and pro-
ceedings had as provided in said Sec.
152 of An Act Concerning Taxation /
approved March IL, 1919
'The State board Of tax commissioners
viii also receive recommendations Of the
three county officers herein mentioned.
or any two Of them without the Joining
Of any taxpayer in such recommendation,
when 1t is shown by such officers that
reassessment Of real estate is necessary
in order to maintain an equitable and
just valuation, but such recommendation
shall be made not later than March p.
and If approved by the board, proceed
1ngs thereafter shall be had as provided
in Sec. 152.
'sThe State board Of tax commissioners
reserves the right in its own initiative
to order reassessment of any real estate
q nroUfdad in