Indiana Administrative Code — Title 45 (Dept. of State Revenue)
45 IAC 2.2-2-5
Fractions rounded to next additional cent
Official textiac.iga.in.govlast amended
Sec. 5. If the tax, computed under Reg. 6-2.5-2-2(a)(010) [45 IAC 2.2-2-3], results in a fraction of one-half cent ($.005)
or more, the amount of the tax shall be rounded to the next additional cent.
(Department of State Revenue; Ch. 2, Reg. 6-2.5-2-
2(b)(010); filed Dec 1, 1982, 10:35 am: 6 IR 10)
Amendment history
(Department of State Revenue; Ch. 2, Reg. 6-2.5-2- 2(b)(010); filed Dec 1, 1982, 10:35 am: 6 IR 10)
Source: view the official text
Nearby sections (25 sections)
- 1-1-228 · Rulemaking powers; distribution of rules and forms (Repealed)
- 1-1-229 · Investigations by department; cooperation (Repealed)
- 1-1-230 · Severability of statutes and rules (Repealed)
- 1-1-231 · Airport development zones (Repealed)
- 1.1 · ARTICLE 1.1. GROSS INCOME TAX (REPEALED)
- 2 · ARTICLE 2. SALES AND USE TAX (REPEALED)
- 2.1 · ARTICLE 2.1. SALES AND USE TAX (REPEALED)
- 2.2-1-1 · General definitions
- 2.2-2-1 · Excise tax
- 2.2-2-2 · Collection of tax
- 2.2-2-3 · Tax rate
- 2.2-2-4 · Retail transactions less than 10 cents (Repealed)
- 2.2-2-5 · Fractions rounded to next additional cent
- 2.2-3-1 · Use defined (Repealed)
- 2.2-3-2 · Storage defined (Repealed)
- 2.2-3-3 · Retail merchant engaged in business in Indiana defined
- 2.2-3-4 · Use tax; imposition
- 2.2-3-5 · Use tax; motor vehicles
- 2.2-3-6 · Use tax; aircraft, watercraft
- 2.2-3-7 · Definitions
- 2.2-3-8 · Tangible personal property sold for incorporation into real…
- 2.2-3-9 · Procedure when tax is not paid on construction material when…
- 2.2-3-10 · Procedure when tax paid on construction material when…
- 2.2-3-11 · Procedure when construction material not furnished by…
- 2.2-3-12 · Contractors