The Lebanon Reporter
December 14, 2021
Hendricks County will give $25,000 toward Boone County’s legal fees in fighting against companies that would use the dark box tax loophole to avoid paying their fair share of taxes.
Boone County Council President Elise Nieshalla announced Tuesday morning that the Hendricks County Council unanimously passed a motion to offset Boone County’s legal costs in a fight that has benefited every county in the state.
Big-box stores use the dark-box loophole to argue their stores should be assessed at their value if they were empty, instead of at the assessed value the county places on them as fully functioning. The stores typically ask for a 30% or more discount.
Read the full story here