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Indiana Code — Title 6 (Taxation)

IC 6-3.1-13-22

Noncompliance with agreement; assessments

Official textiga.in.govlast amended

Sec. 22. If the corporation determines that a taxpayer who has claimed a credit under this chapter is not entitled to the credit because of the taxpayer's noncompliance with the requirements of the tax credit agreement or all of the provisions of this chapter, the corporation shall, after giving the taxpayer an opportunity to explain the noncompliance:

# (1)

notify the department of state revenue of the noncompliance; and

# (2)

request the department of state revenue to impose an assessment on the taxpayer in an amount that may not exceed the sum of any previously allowed credits under this chapter together with interest and penalties required or permitted by law.
As added by P.L.41-1994, SEC.1. Amended by P.L.4-2005, SEC.80; P.L.145-2016, SEC.28.

Amendment history

As added by P.L.41-1994, SEC.1. Amended by P.L.4-2005, SEC.80; P.L.145-2016, SEC.28.

Source: view the official text

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Nearby sections (25 sections)
  1. 6-3.1-13-14 · Application to enter into agreement for tax credit
  2. 6-3.1-13-15 · Agreement for tax credit with respect to new job creation;
  3. 6-3.1-13-15.5 · Agreement for tax credit with respect to job retention;
  4. 6-3.1-13-15.7 · Repealed
  5. 6-3.1-13-16 · Relocation of jobs from one site to another within state;…
  6. 6-3.1-13-17 · Amount of credit awarded; factors; conditions for a…
  7. 6-3.1-13-18 · Duration of credit; maximum credit with respect to job
  8. 6-3.1-13-19 · Agreement for tax credit with respect to job creation;
  9. 6-3.1-13-19.5 · Agreement for tax credit with respect to job retention;
  10. 6-3.1-13-19.7 · Repealed
  11. 6-3.1-13-20 · Claiming credit; election to receive payment in lieu of…
  12. 6-3.1-13-21 · Pass through entity; calculation of tax credit;…
  13. 6-3.1-13-22 · Noncompliance with agreement; assessments
  14. 6-3.1-13-23 · Repealed
  15. 6-3.1-13-24 · Biennial evaluation by Indiana economic development
  16. 6-3.1-13-25 · Rules adoption; fees
  17. 6-3.1-13-26 · Economic development for a growing economy fund; use;
  18. 6-3.1-13-27 · Repealed
  19. 6-3.1-13-28 · Repealed
  20. 6-3.1-13-29 · Credit subject to annual aggregate credit limit
  21. 6-3.1-16.1-1 · Authorization to claim credit
  22. 6-3.1-17.1-1 · Applicability of chapter
  23. 6-3.1-17.1-2 · "Pass through entity"
  24. 6-3.1-17.1-3 · "Qualified historic structure"
  25. 6-3.1-17.1-4 · "Qualified rehabilitation expenditure"
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