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

45 IAC 3.1-1-52

Numerator of sales factor

Official textiac.iga.in.govlast amended

Sec. 52. Numerator of Sales Factor. The numerator of the sales factor generally includes gross receipts from sales attributable to this state,

and includes all interest income, service charges, carrying charges, or time-price differential charges incidental to such sales regardless of the place

where the accounting records are maintained or the location of the contract or other evidence of indebtedness. The numerator shall not include sales

between members of an affiliated group filing consolidated returns under IC 6-3-4-14.

(Department of State Revenue;

Reg 6-3-2-2(e)(030); filed Oct 15, 1979, 11:15 am: 2 IR 1527; errata, 2 IR 1743)

Amendment history

(Department of State Revenue; Reg 6-3-2-2(e)(030); filed Oct 15, 1979, 11:15 am: 2 IR 1527; errata, 2 IR 1743)

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Nearby sections (25 sections)
  1. 3.1-1-40 · Property factor for apportionment (Repealed)
  2. 3.1-1-41 · Property included in property factor (Repealed)
  3. 3.1-1-42 · Consistency among reports
  4. 3.1-1-43 · Numerator of property factor (Repealed)
  5. 3.1-1-44 · Valuation of owned property (Repealed)
  6. 3.1-1-45 · Valuation of rented property (Repealed)
  7. 3.1-1-46 · Methods of averaging property values (Repealed)
  8. 3.1-1-47 · Payroll factor for apportionment (Repealed)
  9. 3.1-1-48 · Denominator of payroll factor (Repealed)
  10. 3.1-1-49 · Numerator of payroll factor (Repealed)
  11. 3.1-1-50 · Sales factor for apportionment; sales defined
  12. 3.1-1-51 · Denominator of sales factor
  13. 3.1-1-52 · Numerator of sales factor
  14. 3.1-1-53 · In-state sales of tangible personal property
  15. 3.1-1-54 · Definition of sales to United States government
  16. 3.1-1-55 · Attribution of sales to state
  17. 3.1-1-56 · Allocation of nonbusiness income
  18. 3.1-1-57 · Rents and royalties from real property and tangible personal…
  19. 3.1-1-58 · Allocation of capital gains and losses
  20. 3.1-1-59 · Interest as nonbusiness income
  21. 3.1-1-60 · Dividends as business income
  22. 3.1-1-61 · Patent and copyright royalties as nonbusiness income
  23. 3.1-1-62 · Special cases of allocation and apportionment
  24. 3.1-1-63 · Apportionment in absence of one or more factors
  25. 3.1-1-64 · Definition of taxable in another state
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