Form Sb-1/pp - Statement Of Benefits Personal Property - 2011 Page 2

Download a blank fillable Form Sb-1/pp - Statement Of Benefits Personal Property - 2011 in PDF format just by clicking the "DOWNLOAD PDF" button.

Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.

Complete Form Sb-1/pp - Statement Of Benefits Personal Property - 2011 with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.

Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.

FOR USE OF THE DESIGNATING BODY

We have reviewed our prior actions relating to the designation of this economic revitalization area and find that the applicant meets the general standards

adopted in the resolution previously approved by this body. Said resolution, passed under IC 6-1.1-12.1-2.5, provides for the following limitations as

authorized under IC 6-1.1-12.1-2.

A .

The designated area has been limited to a period of time not to exceed ____________ calendar years *

. The date this designation expires

is _______________________________ .

B . The type of deduction that is allowed in the designated area is limited to:

Ye s

N o

Installation of new manufacturing equipment;

Ye s

N o

Installation of new research and development equipment;

Ye s

Installation of new logistical distribution equipment.

N o

Installation of new information technology equipment;

Ye s

N o

The amount of deduction applicable to new manufacturing equipment is limited to $ _________________ cost with an assessed value of

$ ____________________.

The amount of deduction applicable to new research and development equipment is limited to $ _________________ cost with an assessed value of

$ ____________________.

E .

The amount of deduction applicable to new logistical distribution equipment is limited to $ _________________ cost with an assessed value of

$ ____________________.

The amount of deduction applicable to new information technology equipment is limited to $ _________________ cost with an assessed value of

$ ____________________.

Other limitations or conditions

__________________________________________________________________________

The deduction for new manufacturing equipment and/or new research and development equipment and/or new logistical distribution equipment and/or

new information technology equipment installed and first claimed eligible for deduction on or after July 1, 2000, is allowed for:

1 year

6 years

** For ERA’s established prior to July 1, 2000, only a

2 years

7 years

5 or 10 year schedule may be deducted.

3 years

8 years

4 years

9 years

5 years **

10 years **

Did the designating body adopt an alternative deduction schedule per IC 6-1.1-12.1-17?

Yes

If yes, attach a copy of the alternative deduction schedule to this form.

Also we have reviewed the information contained in the statement of benefits and find that the estimates and expectations are reasonable and have

determined that the totality of benefits is sufficient to justify the deduction described above.

Approved:

Telephone number

Date signed

(

)

Attested by:

Designated body

* If the designating body limits the time period during which an area is an economic revitalization area, it does not limit the length of time a taxpayer is

entitled to receive a deduction to a number of years designated under IC 6-1.1-12.1-4.5

Page 2 of 2