Indiana Administrative Code — Title 45 (Dept. of State Revenue)
45 IAC 3.1-1-34
Definition of sales
Official textiac.iga.in.govlast amended
Sec. 34. "Sales" Defined. The term "sales" as used in the Act includes all gross receipts which are not subject to allocation under IC
6-3-2-2 (g)–(k), and which are not the compensation of an employee for personal services [See IC 6-3-1-23]. Thus
any business income of a corporate taxpayer is considered to be from "sales" under this definition, regardless of its actual source.
(Department of State Revenue; Reg 6-3-1-24(010); filed Oct 15, 1979, 11:15 am: 2 IR 1522; errata, 2 IR 1743)
Amendment history
(Department of State Revenue; Reg 6-3-1-24(010); filed Oct 15, 1979, 11:15 am: 2 IR 1522; errata, 2 IR 1743)
Source: view the official text
Nearby sections (25 sections)
- 3.1-1-22.5 · Determination of domicile
- 3.1-1-23 · Special cases of residency
- 3.1-1-24 · Definition of nonresident
- 3.1-1-25 · Tax liability of nonresident
- 3.1-1-26 · Definition of person
- 3.1-1-27 · Definition of taxpayer
- 3.1-1-28 · Taxable year
- 3.1-1-29 · Definition of business income
- 3.1-1-30 · Trade or business construed
- 3.1-1-31 · Definition of nonbusiness income
- 3.1-1-32 · Definition of commercial domicile
- 3.1-1-33 · Definition of compensation
- 3.1-1-34 · Definition of sales
- 3.1-1-35 · Definition of state
- 3.1-1-36 · Tax rates
- 3.1-1-37 · Allocation and apportionment of income of multistate…
- 3.1-1-38 · Definition of doing business
- 3.1-1-39 · Apportionment of business income by corporations
- 3.1-1-40 · Property factor for apportionment (Repealed)
- 3.1-1-41 · Property included in property factor (Repealed)
- 3.1-1-42 · Consistency among reports
- 3.1-1-43 · Numerator of property factor (Repealed)
- 3.1-1-44 · Valuation of owned property (Repealed)
- 3.1-1-45 · Valuation of rented property (Repealed)
- 3.1-1-46 · Methods of averaging property values (Repealed)