Republican leaders on Tuesday afternoon released the final version of the two-year Indiana budget, which includes $539 million in additional base funding for K-12 education, and described it as a historic amount of funding for education.
State lawmakers have given their final approval to legislation that creates funding plans for most of a $360 million renovation of Bankers Life Fieldhouse and the construction of a $150 million soccer stadium for the Indy Eleven.
State lawmakers are done making changes to legislation that would provide millions in additional revenue to the Capital Improvement Board, help keep the Indiana Pacers in Indianapolis for the next 25 years and potentially support a permanent soccer stadium for the Indy Eleven.
The vote came after the committee adopted a tax on the price of the vaping liquid, rather than a 4 cents per-milliliter tax that was backed by the House in February.
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.
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.
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.
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.
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.
The state's highest court ruled that exemptions on annual rental property registration fees were unconstitutional.
Three more suburban communities are seeking to impose a food and beverage tax to help fund infrastructure, public safety and quality-of-life improvements.
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.
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.
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.
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.
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.
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.
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.
The tax would have the biggest impact in Greenwood, where it could generate $2.5 million in 2020 and $2.6 million in 2021.
In Indiana alone, there are more than 300 pending tax appeals involving big-box retailers. County leaders are seeking a statewide legislative fix.
