"State tax liability"

Official textiga.in.govlast amended 2020

Sec. 9. As used in this chapter, "state tax liability" means the taxpayer's total tax liability that is incurred under:

# (1)

IC 6-3-1 through IC 6-3-7 (the adjusted gross income tax);

# (2)

IC 27-1-18-2 (the insurance premiums tax); and

# (3)

IC 6-5.5 (the financial institutions tax) or IC 6-8-15 (the nonprofit agricultural organization health coverage tax);
as computed after the application of the credits that, under IC 6-3.1-1-2, are to be applied before the credit provided by this chapter.
As added by P.L.158-2019, SEC.29. Amended by P.L.154-2020, SEC.23.

Amendment history

As added by P.L.158-2019, SEC.29. Amended by P.L.154-2020, SEC.23.

Source: view the official text

Nearby sections (25 sections)

6-3.1-30.5-13 · Maximum amount of credit
6-3.1-30.5-14 · Information posted by the department
6-3.1-30.5-15 · Adoption of rules
6-3.1-34-1 · "Board"
6-3.1-34-2 · "Corporation"
6-3.1-34-3 · "Floor space"
6-3.1-34-3.5 · "Mine reclamation site"
6-3.1-34-4 · "Pass through entity"
6-3.1-34-5 · "Placed in service"
6-3.1-34-6 · "Qualified redevelopment site"
6-3.1-34-7 · "Qualified investment"
6-3.1-34-8 · "Rehabilitation"
6-3.1-34-9 · "State tax liability"
6-3.1-34-10 · "Taxpayer"
6-3.1-34-11 · Application; amount of credit; pass through entity
6-3.1-34-12 · Allocation of credit against taxes owed; order;…
6-3.1-34-13 · Credit carryover
6-3.1-34-14 · Credit assignment
6-3.1-34-15 · Requirements to be awarded a credit
6-3.1-34-16 · Factors considered in determining whether to award a…
6-3.1-34-17 · Requirement that taxpayer enter into agreement with the
6-3.1-34-18 · Repayment provisions
6-3.1-34-19 · Procedure to claim a credit
6-3.1-34-20 · Notice of noncompliance; assessment
6-3.1-34-21 · Evaluation of the performance of the tax credit program;

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