Partnertax.ai
Start free trial →

Indiana Code — Title 6 (Taxation)

IC 6-3.5-4-7.4

Surtax reduction; credit; adjustment; refund

Official textiga.in.govlast amended

Sec. 7.4.

# (a)

If a vehicle has been acquired or brought into Indiana, or for any other reason becomes subject to registration after the regular annual registration date in the year on or before which the owner of the vehicle is required under the motor vehicle registration laws of Indiana to register vehicles, the amount of surtax computed under section 7.3 of this chapter shall be reduced in the same manner as the excise tax is reduced under IC 6-6-5-7.2.

# (b)

The owner of a vehicle who sells or otherwise disposes of the vehicle in a year in which the owner has paid the surtax imposed by this chapter is entitled to receive a credit that is calculated in the same manner and subject to the same requirements as the credit for the excise tax under IC 6-6-5-7.2.

# (c)

If the name of the owner of a vehicle is legally changed and the change has caused a change in the owner's annual registration date, the surtax liability of the owner shall be adjusted in the same manner as excise taxes are adjusted under IC 6-6-5-7.2.

# (d)

The owner of a vehicle who moves out of state in a year in which the owner has paid the surtax imposed by this chapter is entitled to receive a refund that is calculated in the same manner and subject to the same requirements as the credit for the excise tax under IC 6-6-5-7.4.
As added by P.L.11-1999, SEC.2. Amended by P.L.3-2008, SEC.61; P.L.178-2019, SEC.8.

Amendment history

As added by P.L.11-1999, SEC.2. Amended by P.L.3-2008, SEC.61; P.L.178-2019, SEC.8.

Source: view the official text

Report a problem

What's wrong?

Sent anonymously with this page's citation. No personal information is collected.
Nearby sections (25 sections)
  1. 6-3.1-45-10 · Claiming credit; annual state tax return; required…
  2. 6-3.5-4-0.1 · Application of certain amendments to chapter
  3. 6-3.5-4-0.5 · Ordinance amendments; application; liability
  4. 6-3.5-4-1 · Definitions
  5. 6-3.5-4-1.1 · Local income tax council
  6. 6-3.5-4-2 · Imposition and rate of surtax; wheel tax; duration; unpaid…
  7. 6-3.5-4-3 · Vehicles subject to tax
  8. 6-3.5-4-4 · Rescission of surtax and wheel tax
  9. 6-3.5-4-5 · Increase or decrease of surtax
  10. 6-3.5-4-6 · Adopted ordinance; letter approving transportation asset
  11. 6-3.5-4-7 · Registration of vehicle; surtax; amount; collection
  12. 6-3.5-4-7.3 · Surtax; amount; schedule
  13. 6-3.5-4-7.4 · Surtax reduction; credit; adjustment; refund
  14. 6-3.5-4-7.5 · Expired
  15. 6-3.5-4-8 · Repealed
  16. 6-3.5-4-9 · Collections; remittance; report
  17. 6-3.5-4-10 · Repealed
  18. 6-3.5-4-11 · Repealed
  19. 6-3.5-4-12 · Appropriation of money derived from surtax
  20. 6-3.5-4-13 · Surtax fund; allocation; distribution; use
  21. 6-3.5-4-14 · Estimate of revenues; distribution
  22. 6-3.5-4-15 · Repealed
  23. 6-3.5-4-15.5 · Service charge
  24. 6-3.5-4-16 · Violations; offense
  25. 6-3.5-5-0.5 · Ordinance amendments; application; liability
Full table of contents →