6-3-4.5-18. Reporting Requirements; Liability for Tax; Proposed Assessment Timing; Reduction of the Tax Attributable to Direct or Indirect Partner; Duty to Issue Report
Note: This version of section effective until 7-1-2022. See also following version of this section, effective 7-1-2022. Sec. 18. (a) If a partnership or tiered partner is required to issue a report, issue an amended statement, or issue other information to a partner, owner, or beneficiary under this chapter, and does not issue such report, […]
6-3-4.5-18-b. Reporting Requirements; Liability for Tax; Proposed Assessment Timing; Reduction of the Tax Attributable to Direct or Indirect Partner; Duty to Issue Report
Note: This version of section effective 7-1-2022. See also preceding version of this section, effective until 7-1-2022. Sec. 18. (a) If a partnership or tiered partner is required to issue a report, issue an amended statement, or issue other information to a partner, owner, or beneficiary under this chapter, and does not issue such report, […]
6-3-4.5-19. Remitting Payment on Behalf of a Partner; Claim for Refund
Sec. 19. If a partnership or tiered partner remits a payment on behalf of a partner, shareholder, or beneficiary as a result of this chapter, the partner, shareholder, or beneficiary may file a claim for refund with regard to any overpayment remitted on its behalf not later than the date on which the partner, shareholder, […]
6-3-4.5-20. Partnership With More Than 10,000 Direct Owners; Extension of Time; Written Agreement; Automatic Extension; Rules
Sec. 20. (a) Notwithstanding any other provision of this chapter or IC 6-8.1, if, before the end of the time period within which the department may take an action under this chapter: (1) in the case of a partnership or tiered partner that has more than ten thousand (10,000) direct owners, the department shall extend […]
6-3-4.5-2. Amended Return; Pass Through Entity; Adjustment for a Review Year; State Adjustment; Partnerships and Tiered Partners; Numerical Tier
Sec. 2. The following apply for purposes of this chapter: (1) If a taxpayer has not filed a return under IC 6-3 or IC 6-5.5 for a taxable year, review year, or adjustment year, any reference to an amended return shall be a reference to an original return that includes any adjustments under this chapter. […]
6-3-4.5-17. Inconsistent Reporting of Tax Attribute; Disclosure; Proposed Assessment; Timing; Reporting Considered Conclusive for Protest or Appeal
Sec. 17. (a) If the department determines that a taxpayer reported a tax attribute in an inconsistent manner with the partnership’s reporting of the tax attribute and the taxpayer does not disclose the inconsistent reporting in a manner prescribed by the department, the department may issue a proposed assessment against the taxpayer as a result […]
6-3-4.5-3. Department Audit or Investigation; Tax Attribute; Report of Proposed Partnership Adjustments
Sec. 3. (a) If the department conducts an audit or investigation of a partnership, and the department determines that the partnership: (1) did not correctly report any tax attribute for a taxable year; or (2) did not correctly allocate any tax attribute for a taxable year; the department may adjust or reallocate the tax attribute. […]
6-3-4.5-4. Partnership’s Right to Protest and Appeal
Sec. 4. If the department issues a report of proposed partnership adjustments to a partnership for a taxable year, the partnership shall be considered to be the taxpayer for purposes of IC 6-8.1-5, including all rights to protest and appeal the report of proposed partnership adjustments, except as specifically provided under this chapter. As added […]
6-3-4.5-5. Report of Partnership Adjustments; Timing; Protest; Appeal; Settlement Agreement
Sec. 5. (a) For purposes of this chapter, a report of proposed partnership adjustments for a taxable year is considered a report of final partnership adjustments upon the latest of: (1) the last day a protest of the report of proposed partnership adjustments could have been filed by the partnership, if no protest is filed; […]
6-3-4.5-6. Partnership Duties; Partner Level Adjustments Report; Remittance; Tiered Partner Duties; Amended Return; Election
Sec. 6. (a) Once a report of partnership adjustments is considered final, the partnership shall, not later than the applicable deadline: (1) supply to its direct partners and the department a partner level adjustments report attributable to each partner in the form and manner prescribed by the department; and (2) remit any composite tax or […]