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Indiana Administrative Code — Title 45 (Dept. of State Revenue)

45 IAC 3.1-1-39

Apportionment of business income by corporations

Official textiac.iga.in.govlast amended

Sec. 39. Apportionment of Business Income. All corporations subject to the allocation and apportionment provisions of IC 6-3-2-

2(b)-(n) shall apportion their business income by use of the 3-factor formula described below, unless the taxpayer obtains a ruling which

permits, or the Department requires, the use of a different formula which more fairly reflects its income from Indiana sources. See IC 6-3-2-

2(1). The 3-factor formula is as follows:

*OLE*

(Department of State Revenue; Reg 6-3-2-2(b)(030); filed Oct 15, 1979, 11:15 am: 2 IR 1523; errata, 2 IR 1743)

Amendment history

(Department of State Revenue; Reg 6-3-2-2(b)(030); filed Oct 15, 1979, 11:15 am: 2 IR 1523; errata, 2 IR 1743)

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Nearby sections (25 sections)
  1. 3.1-1-27 · Definition of taxpayer
  2. 3.1-1-28 · Taxable year
  3. 3.1-1-29 · Definition of business income
  4. 3.1-1-30 · Trade or business construed
  5. 3.1-1-31 · Definition of nonbusiness income
  6. 3.1-1-32 · Definition of commercial domicile
  7. 3.1-1-33 · Definition of compensation
  8. 3.1-1-34 · Definition of sales
  9. 3.1-1-35 · Definition of state
  10. 3.1-1-36 · Tax rates
  11. 3.1-1-37 · Allocation and apportionment of income of multistate…
  12. 3.1-1-38 · Definition of doing business
  13. 3.1-1-39 · Apportionment of business income by corporations
  14. 3.1-1-40 · Property factor for apportionment (Repealed)
  15. 3.1-1-41 · Property included in property factor (Repealed)
  16. 3.1-1-42 · Consistency among reports
  17. 3.1-1-43 · Numerator of property factor (Repealed)
  18. 3.1-1-44 · Valuation of owned property (Repealed)
  19. 3.1-1-45 · Valuation of rented property (Repealed)
  20. 3.1-1-46 · Methods of averaging property values (Repealed)
  21. 3.1-1-47 · Payroll factor for apportionment (Repealed)
  22. 3.1-1-48 · Denominator of payroll factor (Repealed)
  23. 3.1-1-49 · Numerator of payroll factor (Repealed)
  24. 3.1-1-50 · Sales factor for apportionment; sales defined
  25. 3.1-1-51 · Denominator of sales factor
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