6-3-4-17. Quarterly Reports Concerning Local Income Taxes
Sec. 17. Beginning after December 31, 2010, the department and the office of management and budget shall: (1) develop a quarterly report that summarizes the amount reported to and processed by the department under section 4.1(h) of this chapter, section 15.7(a)(3) of this chapter, and IC 6-3.6-8-5 for each county; and (2) make the quarterly […]
6-3-4-9. Reports of Payment to Recipients
Sec. 9. All individuals, corporations, limited liability companies, partnerships, fiduciaries, or associations, in whatever capacity acting, including but without being limited to, lessees or mortgagors of real or personal property, fiduciaries, and employers making payment to other persons of interest, rent, wages, salaries, premiums, annuities, compensation, remunerations, emoluments, other fixed or determinable means, profits and […]
6-3-4-10. Partnership Returns
Sec. 10. (a) Except as provided in subsection (b), every partnership doing business in this state, every partnership any partner of which is a resident, and every partnership which has gross income derived from sources within this state, shall make a return for each taxable year on a form to be prescribed by the department, […]
6-3-4-11. Partnerships Not Subject to Tax
Sec. 11. (a) A partnership as such shall not be subject to the adjusted gross income tax imposed by IC 6-3-1 through IC 6-3-7. Persons or corporations carrying on business as partners shall be liable for the adjusted gross income tax only in their separate or individual capacities. In determining each partner’s adjusted gross income, […]
6-3-4-12. Nonresident Partners; Withholding Rate; Returns; Credits for Tax Withheld
Sec. 12. (a) Every partnership shall, at the time that the partnership pays or credits amounts to any of its nonresident partners on account of their distributive shares of partnership income, for a taxable year of the partnership, deduct and retain therefrom the amount prescribed in the withholding instructions referred to in section 8 of […]
6-3-4-13. Corporations; Withholding From Dividends to Nonresident Shareholders
Sec. 13. (a) Every corporation which is exempt from tax under IC 6-3 pursuant to IC 6-3-2-2.8(2) shall, at the time that it pays or credits amounts to any of its nonresident shareholders as dividends or as their share of the corporation’s undistributed taxable income, withhold the amount prescribed by the department. Such corporation so […]
6-3-4-13.5. Income Withholding; First Payment of Prize Money; Racing Event at Qualified Motorsports Facility
Sec. 13.5. (a) The following definitions apply throughout this section: (1) “Initial recipient” means a person or entity to whom prize money is paid by a payor. (2) “Payor” means a promoter, sanctioning body, or designee of the promoter or sanctioning body that first pays prize money to a race team or any other person […]
6-3-4-14. Affiliated Group of Corporations; Consolidated Returns
Sec. 14. (a) An affiliated group of corporations shall have the privilege of making a consolidated return with respect to the taxes imposed by IC 6-3. The making of a consolidated return shall be upon the condition that all corporations which at any time during the taxable year have been members of the affiliated group […]
6-3-4-15. Trusts or Estates; Distribution of Income to Nonresident Beneficiaries; Deduction, Retention, and Pay Over of Tax Due; Returns Required
Sec. 15. (a) A trust or estate shall, at the time that it distributes income (except income attributable to interest or dividends) to a nonresident beneficiary, deduct and retain therefrom the amount prescribed in the withholding instructions referred to in section 8 of this chapter. The trust or estate so distributing income to a nonresident […]
6-3-4-15.1. Prescribe Procedures
Sec. 15.1. For purposes of IC 6-3-4-12, IC 6-3-4-13, and IC 6-3-4-15, the department may: (1) prescribe procedures by which a pass through entity remits tax on behalf of partners, shareholders, and beneficiaries who are considered residents for purposes of those sections in the same manner as tax is remitted for partners, shareholders, and beneficiaries […]