50 IAC 26-7-1 Deductions

Sec. 1. Tax and billing software must be able to do the following: (1) Separately identify the type and amount of all deductions contained in the Indiana Code. (2) Calculate each deduction according to specifications provided in the Indiana Code and by the department, inclusive of the ability to apply a portion of or all the deduction amount to a designated assessed value category as referenced in section 7 of this rule.