News Section | Agriculture

High commodity prices cause tax increase on Indiana farmland

WEST LAFAYETTE, Ind. — Indiana farmers could see a substantial increase in property taxes over the next few years if the state’s farmland taxation formulas remain unchanged, said one Purdue University expert. “Indiana assesses farmland based on its use value rather than its market value,” said Purdue agricultural economist Larry DeBoer. “Almost all states do […] Read the full story

Posted in Agriculture


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 July 2020
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