Indiana Administrative Code — Title 45 (Dept. of State Revenue)
45 IAC 2.2-5-50
Selling at retail; gross income
Official textiac.iga.in.govlast amended
Sec. 50. The state gross retail tax shall not apply to such part of the gross income from transactions constituting selling at retail which is
excise tax imposed under Section 4081 of the Internal Revenue Code.
(Department of State Revenue; Ch. 5, Reg. 6-2.5-5-
24(a)(030); filed Dec 1, 1982, 10:35 am: 6 IR 50)
Amendment history
(Department of State Revenue; Ch. 5, Reg. 6-2.5-5- 24(a)(030); filed Dec 1, 1982, 10:35 am: 6 IR 50)
Source: view the official text
Nearby sections (25 sections)
- 2.2-5-38 · Food for human consumption; exemptions
- 2.2-5-39 · Food for human consumption; exemption examples
- 2.2-5-40 · Food not exempt
- 2.2-5-41 · Confectionary items
- 2.2-5-42 · Soft drinks, sodas and similar beverages
- 2.2-5-43 · Food for immediate consumption
- 2.2-5-44 · Combination business; sales of groceries and meals
- 2.2-5-45 · Caterers
- 2.2-5-46 · School meals
- 2.2-5-47 · School building materials
- 2.2-5-48 · Gross receipts exempt from gross income tax; U.S. and…
- 2.2-5-49 · Sales to the United States
- 2.2-5-50 · Selling at retail; gross income
- 2.2-5-51 · United States retailer's and manufacturer's excise taxes
- 2.2-5-52 · Encumbrances on trade-ins
- 2.2-5-53 · Interstate commerce; sales
- 2.2-5-54 · Delivery site
- 2.2-5-55 · Not-for-profit organizations; acquisitions
- 2.2-5-56 · Fraternities, sororities, and student cooperative housing…
- 2.2-5-57 · Not-for-profit organization; sales under 30 day rule
- 2.2-5-58 · Not-for-profit organizations for educational, cultural or…
- 2.2-5-59 · Not-for-profit organizations to improve skills of members;…
- 2.2-5-60 · Property not exempt
- 2.2-5-61 · Public transportation; acquisitions
- 2.2-5-62 · Tangible personal property directly consumed in the…