Indiana Code — Title 6 (Taxation)
IC 6-2.5-6-16
Refund for research and development equipment
Official textiga.in.govlast amended
Sec. 16.
# (a)
As used in this section, "research and development equipment" has the meaning set forth in IC 6-2.5-5-40.
# (b)
A person is entitled to a refund equal to fifty percent (50%) of the gross retail tax paid by the person under this article in a retail transaction occurring after June 30, 2005, and before July 1, 2007, to acquire research and development equipment.
# (c)
To receive the refund provided by this section, a person must claim the refund under
IC 6-8.1-9 in the manner prescribed by the department.
As added by P.L.193-2005, SEC.11.
Amendment history
As added by P.L.193-2005, SEC.11.
Source: view the official text
Nearby sections (25 sections)
- 6-2.5-6-7 · Retail merchant; calculation of tax liability
- 6-2.5-6-8 · Tax liability; income exclusion ratio
- 6-2.5-6-9 · Uncollectible receivables; deduction
- 6-2.5-6-10 · Tax liability; merchant's collection allowance
- 6-2.5-6-11 · Heating assistance program; deduction
- 6-2.5-6-12 · Security for payment of tax collected
- 6-2.5-6-13 · Refund; grounds
- 6-2.5-6-13.5 · Refund of overpayment of tax to a marketplace…
- 6-2.5-6-14 · Repealed
- 6-2.5-6-14.1 · Retail merchant's refund of gross retail or use taxes
- 6-2.5-6-14.2 · List of retail merchants selling tobacco products
- 6-2.5-6-15 · Repealed
- 6-2.5-6-16 · Refund for research and development equipment
- 6-2.5-6-17 · Payment of gross retail tax for consignment sales
- 6-2.5-7-1 · Definitions
- 6-2.5-7-2 · Repealed
- 6-2.5-7-2.5 · Repealed
- 6-2.5-7-3 · Retail merchant; calculation of tax liability; metered pump
- 6-2.5-7-4 · Repealed
- 6-2.5-7-5 · Repealed
- 6-2.5-7-5.5 · Repealed
- 6-2.5-7-6 · Repealed
- 6-2.5-7-6.5 · Repealed
- 6-2.5-7-7 · Repealed
- 6-2.5-7-8 · Repealed