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Indiana Code — Title 6 (Taxation)

IC 6-3.1-10-10

Program expiration; treatment of credit carryovers

Official textiga.in.govlast amended

Sec. 10.

# (a)

Notwithstanding any other law and except as provided in subsection (b), a taxpayer is entitled to receive a credit under this chapter only for a qualified investment made before January 1, 2018.

# (b)

A taxpayer is entitled to receive a credit for a qualified investment made after
December 31, 2017, and before January 1, 2028, if the qualified investment is approved by the Indiana economic development corporation before January 1, 2018.

# (c)

This section may not be construed to prevent a taxpayer from carrying an unused tax credit attributable to a qualified investment made before January 1, 2018, or made as provided in subsection (b) forward to a taxable year beginning after December 31, 2017, and before January 1, 2028, in the manner provided by section 7 of this chapter.

# (d)

This chapter expires January 1, 2028.
As added by P.L.238-2017, SEC.21.

Amendment history

As added by P.L.238-2017, SEC.21.

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Nearby sections (25 sections)
  1. 6-3.1-10-1 · "Enterprise zone" defined
  2. 6-3.1-10-1.7 · "Pass through entity" defined
  3. 6-3.1-10-2 · "Qualified investment" defined
  4. 6-3.1-10-2.5 · "SIC Manual" defined
  5. 6-3.1-10-3 · "State tax liability" defined
  6. 6-3.1-10-4 · "Taxpayer" defined
  7. 6-3.1-10-5 · "Transfer ownership" defined
  8. 6-3.1-10-6 · Credit for qualified investment; amount
  9. 6-3.1-10-6.5 · Pass through entity; credit
  10. 6-3.1-10-7 · Carryover of excess credit
  11. 6-3.1-10-8 · Qualifying for credit; request for determination; findings;
  12. 6-3.1-10-9 · Claiming credit
  13. 6-3.1-10-10 · Program expiration; treatment of credit carryovers
  14. 6-3.1-11-1 · "Applicable percentage"
  15. 6-3.1-11-2 · Repealed
  16. 6-3.1-11-2.5 · "Corporation"
  17. 6-3.1-11-3 · Repealed
  18. 6-3.1-11-4 · "Floor space"
  19. 6-3.1-11-5 · "Industrial recovery site"
  20. 6-3.1-11-6 · Repealed
  21. 6-3.1-11-7 · Repealed
  22. 6-3.1-11-8 · "Placed in service"
  23. 6-3.1-11-9 · "Plant"
  24. 6-3.1-11-10 · "Qualified investment"
  25. 6-3.1-11-11 · "Rehabilitation"
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