Credit for payment of other taxes

Official textiga.in.govlast amended 2004

Sec. 5. A person is entitled to a credit against the use tax imposed on the use, storage, or consumption of a particular item of tangible personal property equal to the amount, if any, of sales tax, purchase tax, or use tax paid to another state, territory, or possession of the United States for the acquisition of that property.
As added by Acts 1980, P.L.52, SEC.1. Amended by P.L.26-1985, SEC.4; P.L.335-1989(ss),
SEC.3; P.L.81-2004, SEC.4.

Amendment history

As added by Acts 1980, P.L.52, SEC.1. Amended by P.L.26-1985, SEC.4; P.L.335-1989(ss), SEC.3; P.L.81-2004, SEC.4.

Source: view the official text

Nearby sections (25 sections)

6-2.5-1-28.5 · "Transferred electronically"
6-2.5-1-29 · "Value added nonvoice data service"
6-2.5-2-1 · Imposition; liability; payment; collection
6-2.5-2-2 · Tax rate; rounding rules
6-2.5-2-3 · Tax rate on certain motor vehicle purchases
6-2.5-2-4 · Expired
6-2.5-2-5 · Cargo trailers and recreational vehicles
6-2.5-3-0.3 · Intent of general assembly in construction of amendments…
6-2.5-3-1 · Definitions
6-2.5-3-2 · Imposition of use tax; contractor's conversion of…
6-2.5-3-3 · Rates; certain transactions defined
6-2.5-3-4 · Exemptions
6-2.5-3-5 · Credit for payment of other taxes
6-2.5-3-6 · Liability; payment; collection; computation
6-2.5-3-7 · Presumption of taxability; exemption certificate;…
6-2.5-3-7.5 · Property used or consumed in providing public…
6-2.5-3-8 · Receipt for payment; issuance; evidence of payment
6-2.5-3-9 · Expired
6-2.5-3-10 · Required publication; duty to pay use tax
6-2.5-3-11 · Liability for uncollected gross retail tax
6-2.5-3.5-1 · "Distributor"
6-2.5-3.5-2 · Repealed
6-2.5-3.5-3 · "Federal gasoline tax"
6-2.5-3.5-4 · "Gasoline"
6-2.5-3.5-5 · "Indiana gasoline tax"

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