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Council allows late filing for Invalier (formerly DSM) tax phase‑in after compliance review
Summary
The council voted Oct. 2 to permit Invalier (formerly DSM Engineering Plastics) to file a late deduction for a 10‑year tax phase‑in that began in 2016 after staff said the company met commitments for property, jobs and wages; the assessor had originally denied the late submission.
Evansville Regional Economic Partnership representative Patrick Kiki and James Davidson, controller for Invalier (formerly DSM Engineering Plastics), asked Vanderburgh County Council on Oct. 2 to permit a late filing of a tax deduction tied to a 10‑year tax phase‑in that began in 2016. The assessor’s office had denied the filing because it was submitted late.
Kiki told council that Invalier had completed substantial improvements and met commitments tied to the tax abatement — including claimed property investments, jobs and payroll — and asked the governing body to allow the late deduction. He said the assessor cannot grant a late exception but the council, as the governing body, can approve a late filing. Kiki offered to provide a resolution or paperwork if the council preferred a formal recordation.
Council members asked about penalties and where any monetary penalty would be directed; answers in the meeting indicated a small monetary penalty applies and that the revenue does not go to the company. Assessor staff noted typical late filings result from management or CPA transitions and that, if compliance is confirmed, council approval moves the process forward.
Council moved that the DSM/Invalier manufacturing materials resolution (CODashRDash02Dash16006) be declared in compliance and approved the motion by voice vote.
The request was characterized in the meeting as a remedial administrative action to allow the company to receive the deduction to which it believed it remained eligible after having met the abatement’s qualifications.
