Credit upon sale of vehicle

Official textiga.in.govlast amended 2016

Sec. 9.

# (a)

Every owner of a vehicle for which the wheel tax has been paid for the owner's registration year is entitled to a credit if during that registration year the owner sells the vehicle. The amount of the credit equals the wheel tax paid by the owner for the vehicle that was sold. The credit may be applied by the owner only against the wheel tax owed for a vehicle that is purchased during the same registration year.

# (b)

An owner of a vehicle is not entitled to a refund of any part of a credit that is not used under this section.
As added by P.L.146-2016, SEC.12.

Amendment history

As added by P.L.146-2016, SEC.12.

Source: view the official text

Nearby sections (25 sections)

6-3.5-10-11 · Estimate of revenues
6-3.5-10-12 · Service charge
6-3.5-10-13 · Violations; offense
6-3.5-11-0.5 · Ordinance amendments; application; liability
6-3.5-11-1 · Definitions
6-3.5-11-2 · Imposition of tax; municipal wheel tax; rate; unpaid tax
6-3.5-11-3 · Vehicles subject to tax
6-3.5-11-4 · Exempt vehicles
6-3.5-11-5 · Registration of vehicles
6-3.5-11-6 · Rescission of wheel tax and vehicle excise tax
6-3.5-11-7 · Increase or decrease of tax; rates
6-3.5-11-8 · Adopted ordinance; letter approving transportation asset
6-3.5-11-9 · Credit upon sale of vehicle
6-3.5-11-10 · Registration of vehicle; wheel tax; amount; collection
6-3.5-11-11 · Apportioned wheel tax for certain vehicles
6-3.5-11-12 · Collections; remittance; report
6-3.5-11-13 · Collection by bureau of motor vehicles or department of…
6-3.5-11-14 · Wheel tax fund; use
6-3.5-11-15 · Estimate of revenues
6-3.5-11-16 · Violations; offense
6-3.6-1-1 · Purpose; effective date of article; procedures for…
6-3.6-1-1.1 · Repealed
6-3.6-1-1.5 · Transition of certain homestead credits to the property…
6-3.6-1-2 · Applicability of article
6-3.6-1-3 · Continuation of former tax rates

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