Tax rate

Official textiga.in.govlast amended 2025

Sec. 5. The town food and beverage tax rate:

# (1)

must be imposed in an increment of twenty-five hundredths percent (0.25%); and

# (2)

may not exceed one percent (1%);
of the gross retail income received by the merchant from the food or beverage transaction described in section 4 of this chapter. For purposes of this chapter, the gross retail income received by the retail merchant from a transaction does not include the amount of tax imposed on the transaction under IC 6-2.5.
As added by P.L.230-2025, SEC.118.

Amendment history

As added by P.L.230-2025, SEC.118.

Source: view the official text

Nearby sections (25 sections)

6-9-68-4 · Applicable transactions
6-9-68-5 · Tax rate
6-9-68-6 · Imposition, payment, and collection of tax
6-9-68-7 · Amounts received paid monthly to treasurer of state; warrants
6-9-68-8 · Food and beverage tax receipts fund
6-9-68-9 · Uses of money in fund
6-9-68-10 · Covenant of general assembly with holders of obligations
6-9-68-11 · Termination and expiration
6-9-69-1 · Application
6-9-69-2 · Application of definitions
6-9-69-3 · Fiscal body ability to adopt ordinance to impose tax
6-9-69-4 · Applicable transactions
6-9-69-5 · Tax rate
6-9-69-6 · Imposition, payment, and collection of tax
6-9-69-7 · Amounts received paid monthly to treasurer of state; warrants
6-9-69-8 · Food and beverage tax receipts fund
6-9-69-9 · Uses of money in fund
6-9-69-10 · Covenant of general assembly with holders of obligations
6-9-69-11 · Termination and expiration
6-9-70-1 · Application
6-9-70-2 · Application of definitions
6-9-70-3 · Fiscal body ability to adopt ordinance to impose tax
6-9-70-4 · Applicable transactions
6-9-70-5 · Tax rate
6-9-70-6 · Imposition, payment, and collection of tax

Full table of contents →