Indiana Code — Title 6 (Taxation)
IC 6-6-15-6
Payment and sourcing of the tax; credit for misclassification
Sec. 6. (a) Subject to subsection (b), a retail merchant shall remit the heavy equipment rental excise tax that the retail merchant collects under this chapter in the same manner as the state gross retail tax is remitted under IC 6-2.5.
(b) The heavy equipment rental excise tax imposed under this chapter shall be sourced to the business location of the retail merchant from which the heavy rental equipment is rented.
(c) The return to be filed for the payment of the heavy equipment rental excise tax may be either a separate return or may be combined with the return filed for the payment of the state gross retail tax, as prescribed by the department.
(d) In the event of a misclassification, a person shall receive a credit:
# (1)
for any Indiana property tax paid on the equipment for a calendar year against any excise tax owed on the equipment in the same calendar year; and
# (2)
for any excise tax paid on the equipment for a calendar year against any Indiana
property tax owed on the equipment in the same calendar year.
As added by P.L.188-2018, SEC.3. Amended by P.L.234-2019, SEC.28.
Amendment history
As added by P.L.188-2018, SEC.3. Amended by P.L.234-2019, SEC.28.
Source: view the official text
Nearby sections (25 sections)
- 6-6-14-3 · "Special fuel"
- 6-6-14-4 · Alternative fuel decals; annual fees
- 6-6-14-5 · Temporary trip permits
- 6-6-14-6 · Propane dealer license
- 6-6-14-7 · Alternative fuel decal application
- 6-6-14-8 · Affixing an alternative fuel decal; replacement
- 6-6-14-9 · Alternative fuel decal; use of alternative fuels
- 6-6-15-1 · Applicability
- 6-6-15-2 · Definitions
- 6-6-15-3 · Imposition of the heavy equipment rental excise tax; rate of
- 6-6-15-4 · Exemptions
- 6-6-15-5 · Liability for tax; collection
- 6-6-15-6 · Payment and sourcing of the tax; credit for misclassification
- 6-6-15-7 · Heavy equipment rental excise tax account; distributions and
- 6-6-16-1 · Definitions
- 6-6-16-2 · Imposition of tax; tax rate
- 6-6-16-3 · Exemptions
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- 6-6-16-5 · Manner of imposition; payment; collection; filing of return
- 6-6-16-6 · Distributions; apportionment among taxing districts in the
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- 6-7-1-0.4 · Use of revenue stamps; conditions
- 6-7-1-1 · Purpose; liability for tax; separation of price and tax
- 6-7-1-2 · "Cigarette"
- 6-7-1-3 · "Individual package"