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Indiana Code — Title 6 (Taxation)

IC 6-3.1-30-8

Tax credit

Official textiga.in.govlast amended

Sec. 8. Subject to entering into an agreement with the corporation under sections 14 and
15 of this chapter if the corporation certifies that a taxpayer:

# (1)

is an eligible business;

# (2)

completes a qualifying project; and

# (3)

incurs relocation costs;
the taxpayer is entitled to a credit against the taxpayer's state tax liability for the taxable year in which the relocation costs are incurred. Subject to IC 5-28-6-9, the credit allowed under this section is equal to the amount determined under section 9 of this chapter.
As added by P.L.193-2005, SEC.21. Amended by P.L.137-2006, SEC.9; P.L.1-2007,
SEC.58; P.L.288-2013, SEC.64; P.L.158-2019, SEC.23; P.L.135-2022, SEC.12;
P.L.213-2025, SEC.80.

Amendment history

As added by P.L.193-2005, SEC.21. Amended by P.L.137-2006, SEC.9; P.L.1-2007, SEC.58; P.L.288-2013, SEC.64; P.L.158-2019, SEC.23; P.L.135-2022, SEC.12; P.L.213-2025, SEC.80.

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Nearby sections (25 sections)
  1. 6-3.1-29-20.7 · Findings; election to receive refundable credit
  2. 6-3.1-29-21 · Claiming tax credit
  3. 6-3.1-30-1 · "Corporate headquarters"
  4. 6-3.1-30-1.5 · "Corporation"
  5. 6-3.1-30-2 · "Eligible business"
  6. 6-3.1-30-3 · "Pass through entity"
  7. 6-3.1-30-4 · "Qualifying project"
  8. 6-3.1-30-5 · "Relocation costs"
  9. 6-3.1-30-6 · "State tax liability"
  10. 6-3.1-30-7 · "Taxpayer"
  11. 6-3.1-30-7.1 · "Venture capital"
  12. 6-3.1-30-7.5 · Duties of the corporation
  13. 6-3.1-30-8 · Tax credit
  14. 6-3.1-30-9 · Determination of tax credit amount
  15. 6-3.1-30-10 · Pass through entity; shareholder, partner, or member
  16. 6-3.1-30-11 · Carryover; unused tax credit; refundable at the…
  17. 6-3.1-30-12 · Claiming tax credit; returns; information required by
  18. 6-3.1-30-13 · Determination of expenses resulting from relocation
  19. 6-3.1-30-14 · Application; requirement to enter into an agreement with…
  20. 6-3.1-30-15 · Provisions required in an agreement
  21. 6-3.1-30-16 · Noncompliance with agreement; assessments
  22. 6-3.1-30-17 · Credit subject to annual aggregate credit limit
  23. 6-3.1-30.5-0.5 · Severability
  24. 6-3.1-30.5-1 · "Credit"
  25. 6-3.1-30.5-2 · "Pass through entity"
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