"State tax liability"

Official textiga.in.govlast amended 2023

Sec. 6. 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) or IC 6-8-15 (the nonprofit agricultural organization health coverage tax); and

# (3)

IC 6-5.5 (the financial institutions 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.201-2023, SEC.103.

Amendment history

As added by P.L.201-2023, SEC.103.

Source: view the official text

Nearby sections (25 sections)

6-3.1-38.3-5 · Computation of credit amount; certain taxpayers
6-3.1-38.3-6 · Computation of credit amount; certain taxpayers
6-3.1-38.3-7 · Pass through entity; shareholder, partner, or member
6-3.1-38.3-8 · Claiming of credit on state tax return
6-3.1-38.3-9 · Credit carryover
6-3.1-38.3-10 · Report
6-3.1-38.3-11 · Expiration of chapter
6-3.1-39.5-1 · "Indiana qualified child care facility"
6-3.1-39.5-2 · "Pass through entity"
6-3.1-39.5-3 · "Qualified child care expenditure"
6-3.1-39.5-4 · "Qualified expenditure"
6-3.1-39.5-5 · "Recapture event"
6-3.1-39.5-6 · "State tax liability"
6-3.1-39.5-7 · "Taxpayer"
6-3.1-39.5-8 · Entitlement to credit; amount of credit
6-3.1-39.5-9 · Shareholder, partner, beneficiary, or member entitled to…
6-3.1-39.5-10 · Carry forward of credit
6-3.1-39.5-11 · Claiming a credit
6-3.1-39.5-12 · Payment of recapture amount; change of ownership
6-3.1-39.5-13 · Liability
6-3.1-39.5-14 · Maximum aggregate amount of credits
6-3.1-39.5-15 · Expiration
6-3.1-40-1 · Applicability
6-3.1-40-2 · "Physician"
6-3.1-40-3 · Repealed

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