
Local Collection Of Local Option Income Tax
Position
The Chamber supports legislation that would grant local communities not only the option to impose, but also the authority to collect local option income taxes locally. The local collection of local income taxes is common in other states. Allowing local communities to collect all locally imposed taxes, income taxes as well as property taxes, would eliminate the cost for the State of Indiana of collecting and distributing funds back to local communities, and local collection would ensure that local communities receive local tax revenues in a timely manner.