Indiana Code — Title 6 (Taxation)

IC 6-2.5-3-1

Definitions

Official textiga.in.govlast amended 2020

Sec. 1. For purposes of this chapter:

# (a)

"Use" means the exercise of any right or power of ownership over tangible personal property.

# (b)

"Storage" means the keeping or retention of tangible personal property in Indiana for any purpose except temporary storage.

# (c)

"Temporary storage" means the keeping or retention of tangible personal property in Indiana for a period of not more than one hundred eighty (180) days and only for the purpose of the subsequent use of that property solely outside Indiana.

# (d)

Notwithstanding any other provision of this section, tangible or intangible property that is:

# (1)

owned or leased by a person that has contracted with a commercial printer for printing; and

# (2)

located at the premises of the commercial printer;
shall not be considered to be, or to create, an office, a place of distribution, a sales location, a sample location, a warehouse, a storage place, or other place of business maintained, occupied, or used in any way by the person. A commercial printer with which a person has contracted for printing shall not be considered to be in any way a representative, an agent, a salesman, a canvasser, or a solicitor for the person.
As added by Acts 1980, P.L.52, SEC.1. Amended by P.L.70-1993, SEC.2; P.L.81-2004, SEC.3; P.L.242-2015, SEC.6; P.L.146-2020, SEC.7.

Amendment history

As added by Acts 1980, P.L.52, SEC.1. Amended by P.L.70-1993, SEC.2; P.L.81-2004, SEC.3; P.L.242-2015, SEC.6; P.L.146-2020, SEC.7.

Source: view the official text

Nearby sections (25 sections)

Full table of contents →