Form 54-067 Impoundment Structure Property Tax Exemption - Iowa

What Is Form 54-067?

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

FAQ

Q: What is Form 54-067?
A: Form 54-067 is the Impoundment Structure Property Tax Exemption form in Iowa.

Q: What is an impoundment structure?
A: An impoundment structure is a facility used for storing water, such as a reservoir or pond.

Q: What is the purpose of the Form 54-067?
A: The purpose of Form 54-067 is to apply for a property tax exemption for an impoundment structure in Iowa.

Q: Who is eligible for the property tax exemption?
A: Owners of impoundment structures used for agricultural or wildlife purposes are eligible for the property tax exemption.

Q: What information is needed to complete the form?
A: You will need to provide information about the impoundment structure, such as its location, size, and purpose.

Q: Are there any deadlines for submitting the form?
A: The form must be submitted to the county assessor by February 1st of the assessment year.

Q: Is there a fee for applying for the property tax exemption?
A: There is no fee for applying for the property tax exemption.

Q: Can the property tax exemption be transferred to a new owner?
A: Yes, the property tax exemption can be transferred to a new owner if the impoundment structure is sold.

Q: Are there any penalties for providing false information on the form?
A: Providing false information on the form may result in penalties, including the denial of the property tax exemption.