Sec. 0.3. It is the intent of the general assembly that the addition of section 2.3 of this chapter by P.L.70-1993 be construed liberally in favor of persons, corporations, partnerships, or other entities contracting with commercial printers. As added by P.L.220-2011, SEC.138.
Sec. 1. (a) As used in this section, “pre-1996 account” has the meaning set forth in IC 5-10.2-1-5.5. (b) Each taxable year, a tax at the following rate of adjusted gross income is imposed upon the adjusted gross income of every resident person, and on that part of the adjusted gross income derived from sources […]
Sec. 1.5. (a) As used in this section, “qualified area” means: (1) a military base (as defined in IC 36-7-30-1(c)); (2) a military base reuse area established under IC 36-7-30; (3) the part of an economic development area established under IC 36-7-14.5-12.5 that is or formerly was a military base (as defined in IC 36-7-30-1(c)); […]
Sec. 1.7. (a) For purposes of this section: (1) “Distributor” means a person or entity located in this state that purchases tangible personal property from an eligible corporation for purposes of resale. For purposes of this section, a distributor is not a person or entity that has a relationship described in Section 267(b) of the […]
Sec. 10. (a) For purposes of this section, “excess adjusted gross income” means the greater of zero (0) or one-half (1/2) of: (1) the individual’s adjusted gross income or the combined adjusted gross income of the individual and the individual’s spouse, if the individual files a joint return with the individual’s spouse, as determined under […]
Sec. 11. (a) An individual is entitled to a deduction from the individual’s adjusted gross income for the taxable year if the individual: (1) is an employee of the federal government during the taxable year and the year preceding the taxable year; (2) has used paid leave from employment as an employee of the federal […]
Sec. 12. (a) As used in this section, the term “foreign source dividend” means a dividend from a foreign corporation. The term: (1) includes any amount that a taxpayer is required to include in its gross income for a taxable year under Sections 951 and 951A of the Internal Revenue Code, and, for taxable years […]
Sec. 13. (a) As used in this section, “export income” means the gross receipts from the sale, transfer, or exchange of tangible personal property destined for international markets that is: (1) manufactured at a plant located within a maritime opportunity district established under IC 6-1.1-40 (before its expiration); and (2) shipped through a port operated […]
As added by P.L.341-1989(ss), SEC.9. Repealed by P.L.192-2002(ss), SEC.191.
Sec. 14.1. Notwithstanding IC 6-3-4-8.2, a payment made after June 30, 2002, on prize money received from a winning lottery ticket purchased under IC 4-30 for a lottery held before July 1, 2002, is exempt from the adjusted gross income tax and supplemental net income tax (repealed) imposed by this article. As added by P.L.269-2003, […]
As added by P.L.192-2002(ss), SEC.79. Repealed by P.L.250-2015, SEC.21.
As added by P.L.90-1989, SEC.1; P.L.347-1989(ss), SEC.8. Repealed by P.L.1-1990, SEC.76.
Sec. 16. If an entity is subject to taxation under this article and is a member of a unitary group of which a taxpayer subject to taxation under IC 6-5.5 is a member, all income and deductions attributable to transactions between the entity and the unitary taxpayer shall be eliminated in determining the amount of […]
As added by P.L.1-1990, SEC.78. Repealed by P.L.250-2015, SEC.22.
Sec. 18. (a) As used in this section, “eligible medical expense” has the meaning set forth in IC 6-8-11-3. (b) As used in this section, “medical care savings account” has the meaning set forth in IC 6-8-11-6. (c) This subsection applies only to money deposited by an employer in a medical care savings account before […]
Sec. 19. (a) As used in this section, “account beneficiary” has the meaning set forth in IC 21-9-2-3. (b) As used in this section, “account owner” has the meaning set forth in IC 21-9-2-4. (c) As used in this section, “individual account” has the meaning set forth in IC 21-9-2-2. (d) As used in this […]
Sec. 2. (a) With regard to corporations and nonresident persons, “adjusted gross income derived from sources within Indiana”, for the purposes of this article, shall mean and include: (1) income from real or tangible personal property located in this state; (2) income from doing business in this state; (3) income from a trade or profession […]
Sec. 2.2. (a) Interest income and other receipts from assets in the nature of loans or installment sales contracts that are primarily secured by or deal with real or tangible personal property are attributable to this state if the security or sale property is located in Indiana. (b) Interest income and other receipts from consumer […]
Sec. 2.3. Notwithstanding any other provision of this article, with respect to a person, corporation, or partnership that has contracted with a commercial printer for printing: (1) the ownership or leasing by that entity of tangible or intangible property located at the Indiana premises of the commercial printer; (2) the sale by that entity of […]
Sec. 2.4. (a) For purposes of section 2(o) of this chapter, a corporation is a foreign operating corporation for a particular taxable year if it has eighty percent (80%) or more of its total business activity occurring outside the United States during the taxable year. (b) For purposes of determining the amount of a corporation’s […]
