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 […]
6-3-4-15.7. Annuity, Pension, Retirement, or Other Deferred Compensation Plans; Withholding Requests; Payor Responsibility; Guidelines; Designation of Local Income Tax Liability
Sec. 15.7. (a) The payor of a periodic or nonperiodic distribution under an annuity, a pension, a retirement, or other deferred compensation plan, as described in Section 3405 of the Internal Revenue Code, that is paid to a resident of this state shall, upon receipt from the payee of a written request for state income […]
6-3-4-6. Furnishing Federal Return to Department; Notice of Modification; Amended Returns
Sec. 6. (a) Any taxpayer, upon request by the department, shall furnish to the department a true and correct copy of any tax return which the taxpayer has filed with the United States Internal Revenue Service which copy shall be certified to by the taxpayer under penalties of perjury. (b) Each taxpayer shall notify the […]
6-3-4-16. Procedures to Implement Crosschecks Between Certain Forms
Sec. 16. For individual income tax returns filed after December 31, 2010, the department shall develop procedures to implement a system of crosschecks between: (1) employer WH-3 forms (annual withholding tax reports) with accompanying W-2 forms; and (2) individual taxpayer W-2 forms. As added by P.L.146-2008, SEC.321.
6-3-4-7. Repealed
Formerly: Acts 1963(ss), c.32, s.407. Repealed by Acts 1980, P.L.61, SEC.15.
6-3-4-16.3. Corporations; Electronic Return; Exceptions
Sec. 16.3. (a) For taxable years ending after December 31, 2021, a corporation other than a corporation described in IC 6-3-2-2.8(2) subject to tax under this article and that has more than one million dollars ($1,000,000) in gross income (as defined in Section 61 of the Internal Revenue Code) for the taxable year shall file […]