Form 103-ERA (State Form 52503) Schedule of Deduction From Assessed Valuation Personal Property in Economic Revitalization Area - Indiana

What Is Form 103-ERA (State Form 52503)?

This is a legal form that was released by the Indiana Department of Local Government Finance - a government authority operating within Indiana. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form 103-ERA?
A: Form 103-ERA is a schedule used in Indiana to calculate deductions from the assessed valuation of personal property in an Economic Revitalization Area.

Q: What is the purpose of Form 103-ERA?
A: The purpose of Form 103-ERA is to determine the deduction from the assessed valuation of personal property in an Economic Revitalization Area in Indiana.

Q: Who uses Form 103-ERA?
A: Form 103-ERA is used by individuals and businesses in Indiana who have personal property in an Economic Revitalization Area.

Q: What is an Economic Revitalization Area?
A: An Economic Revitalization Area is a designated area within Indiana where certain tax incentives are offered to promote economic development.

Q: What are the deductions from assessed valuation of personal property?
A: Deductions from assessed valuation of personal property refer to the reduction in the taxable value of personal property in an Economic Revitalization Area.