Former Indy-area attorney pleads guilty to tax evasion
Scott C. Cole of Brownsburg took extensive steps for several years to avoid paying federal taxes owed from more than a decade before, according to his plea agreement.
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State lawmakers working to close loophole in online sales, hotel taxes
Indiana is one step closer to closing what lawmakers have described as a loophole in online sales and hotel tax collection, but online travel sites oppose the legislation.
Two Indy school districts among those returning to voters for more money
Nine Indiana school districts are asking voters to increase funding for education this May. Five of the districts seeking additional operating funds, including two in Marion County, are returning to voters after winning previous tax measures this decade.
Most states falling short on early projections for sports betting
For a variety of reasons, most of the states that moved quickly to legalize sports betting after the Supreme Court cleared the way are still waiting for the expected payoff.
Indiana one step closer to tax breaks for data centers
Sen. Mark Messmer, R-Jasper, who carried the bill on the Senate side, said it would make Indiana one of the top five states for tax policy on data centers.
Court: Indiana cities subject to $5 cap on rental fees
The state's highest court ruled that exemptions on annual rental property registration fees were unconstitutional.
Bills would let Whitestown, Greenwood, Danville impose 1 percent food-and-beverage tax
Three more suburban communities are seeking to impose a food and beverage tax to help fund infrastructure, public safety and quality-of-life improvements.
City sports, tourism board could reap extra $15M annually under amended bill
A change made to legislation designed to boost funding for the Capital Improvement Board means the quasi-governmental agency could see an additional $15 million in tax funds annually—nearly double what was initially proposed.
Some Americans floored by tax bills, changes in law
The first tax filing season under the new federal tax law is proving to be surprising, confusing—and occasionally frightening—for some Americans, especially those accustomed to getting money back from the government.
Amazon paid no federal taxes on $11.2 billion in profits last year, according to group’s analysis
Thanks to a variety of tax credits and a significant tax break available on pay handed out in the form of company stock, Amazon actually received a federal tax rebate of $129 million last year, giving it an effective federal tax rate of roughly -1 percent.
Many steel tariffs waived even with tough trade talk
Hundreds of companies have received permission to import millions of tons of steel without paying tariffs. Two subsidiaries of Japanese companies, both in the suburbs of Indianapolis, had vastly different experiences with the waiver requests.
Developer of proposed hospital in Carmel agrees to use tax covenant
The developer that owns the land where Franciscan Health plans to build a $130 million orthopedic center in Carmel told city officials this week that taxes will be paid on the real estate in perpetuity, even if it sells the land to the health care system in the future.
Indiana House advances bill calling for tax on vaping liquids
The Indiana House has endorsed a bill to start taxing the liquids used in electronic cigarettes, but only after the proposed tax rate was cut in half.
Local tax prep firm barred from doing business for fraudulent returns
A federal judge says the firm and its owner filed hundreds of fraudulent returns that cheated the government out of more than $1 million in tax revenue.
Senate OKs bill to allow food, beverage tax in three Indy suburbs
The tax would have the biggest impact in Greenwood, where it could generate $2.5 million in 2020 and $2.6 million in 2021.
Counties seek state relief from big-box retailer tax appeals
In Indiana alone, there are more than 300 pending tax appeals involving big-box retailers. County leaders are seeking a statewide legislative fix.
Indiana lawmakers considering property tax amnesty period
The bill approved 48-0 by the Indiana Senate would allow counties to waive penalties and interest if overdue taxes are paid by May 2020.
Indiana lawmakers considering tax on e-liquids
House Bill 1444 would impose a tax of 8 cents per milliliter on e-liquids. The tax could generate between $4.16 million and $7.33 million in annual revenue for the state.
House passes bill to exempt military pensions from state income tax
One of Gov. Eric Holcomb’s top priorities for the legislative session passed the Indiana House on Tuesday afternoon with nearly unanimous support.
Indy Eleven stadium bill appears unlikely to get Statehouse hearing
The state’s top budget-writing senator doesn’t see a reason to schedule a hearing for a bill that would help fund a proposed soccer stadium for the Indy Eleven.