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Indiana Code — Title 6 (Taxation)

IC 6-3.1-30-5

"Relocation costs"

Official textiga.in.govlast amended

Sec. 5. As used in this chapter, "relocation costs" means the reasonable and necessary expenses incurred by an eligible business for a qualifying project. The term includes:

# (1)

moving costs and related expenses;

# (2)

the purchase of new or replacement equipment;

# (3)

capital investment costs; and

# (4)

property assembly and development costs, including:

# (A)

the purchase, lease, or construction of buildings and land;

# (B)

infrastructure improvements; and

# (C)

site development costs.
The term does not include any costs that do not directly result from the relocation of the business to a location in Indiana.
As added by P.L.193-2005, SEC.21.

Amendment history

As added by P.L.193-2005, SEC.21.

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Nearby sections (25 sections)
  1. 6-3.1-29-17 · Preconstruction application for credit
  2. 6-3.1-29-18 · Conditions for granting credit application
  3. 6-3.1-29-19 · Terms of required agreement; certificate of compliance
  4. 6-3.1-29-20 · Allocation of credit among shareholders, partners, and
  5. 6-3.1-29-20.5 · Assignability of credit by contract
  6. 6-3.1-29-20.7 · Findings; election to receive refundable credit
  7. 6-3.1-29-21 · Claiming tax credit
  8. 6-3.1-30-1 · "Corporate headquarters"
  9. 6-3.1-30-1.5 · "Corporation"
  10. 6-3.1-30-2 · "Eligible business"
  11. 6-3.1-30-3 · "Pass through entity"
  12. 6-3.1-30-4 · "Qualifying project"
  13. 6-3.1-30-5 · "Relocation costs"
  14. 6-3.1-30-6 · "State tax liability"
  15. 6-3.1-30-7 · "Taxpayer"
  16. 6-3.1-30-7.1 · "Venture capital"
  17. 6-3.1-30-7.5 · Duties of the corporation
  18. 6-3.1-30-8 · Tax credit
  19. 6-3.1-30-9 · Determination of tax credit amount
  20. 6-3.1-30-10 · Pass through entity; shareholder, partner, or member
  21. 6-3.1-30-11 · Carryover; unused tax credit; refundable at the…
  22. 6-3.1-30-12 · Claiming tax credit; returns; information required by
  23. 6-3.1-30-13 · Determination of expenses resulting from relocation
  24. 6-3.1-30-14 · Application; requirement to enter into an agreement with…
  25. 6-3.1-30-15 · Provisions required in an agreement
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