Indiana Code — Title 6 (Taxation)
IC 6-9-24-5
Rate of tax
Official textiga.in.govlast amended
Sec. 5. The municipal food and beverage tax imposed on a food or beverage transaction described in section 4 of this chapter equals one percent (1%) of the gross retail income received by the merchant from the transaction. For purposes of this chapter, the gross retail income received by the retail merchant from such a transaction does not include the amount of tax imposed on the transaction under IC 6-2.5.
As added by P.L.111-1987, SEC.1.
Amendment history
As added by P.L.111-1987, SEC.1.
Source: view the official text
Nearby sections (25 sections)
- 6-9-21-3 · Adoption of ordinance
- 6-9-21-4 · Taxable transactions; exceptions
- 6-9-21-5 · Tax rate; gross retail income
- 6-9-21-6 · Imposition, payment, and collection of tax; filing of return
- 6-9-21-7 · Civic center authority; appointment of members; party
- 6-9-21-8 · Payment of tax receipts to civic center authority
- 6-9-21-9 · Food and beverage tax receipts fund
- 6-9-21-10 · Expiration of chapter
- 6-9-24-1 · Application of chapter
- 6-9-24-2 · Definitions
- 6-9-24-3 · Ordinance imposing tax
- 6-9-24-4 · Taxable transactions; exemption
- 6-9-24-5 · Rate of tax
- 6-9-24-6 · Collection of tax; returns
- 6-9-24-7 · Payment of receipts to municipality
- 6-9-24-8 · Food and beverage tax receipts fund
- 6-9-24-9 · Repealed
- 6-9-24-10 · Expiration of chapter
- 6-9-25-1 · Application of chapter
- 6-9-25-1.5 · "Committee"
- 6-9-25-2 · Definitions
- 6-9-25-3 · Ordinance imposing food and beverage tax; adoption; certified
- 6-9-25-4 · Taxable transactions
- 6-9-25-5 · Tax rate
- 6-9-25-6 · Imposition, payment, and collection of tax; return