Statutes, codes, and regulations
Indiana Administrative Code
Title 45 - DEPARTMENT OF STATE REVENUEArticle 2.2 - SALES AND USE TAX
Rule 45 IAC 2.2-5 - Exempt Transactions of a Retail Merchant
Section 45 IAC 2.2-5-50 - Selling at retail; gross income

45 Ind. Admin. Code 2.2-5-50

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Current through December 4, 2024
Section 45 IAC 2.2-5-50 - Selling at retail; gross income

Authority: IC 6-8.1-3-3

Affected: IC 6-2.5

Sec. 50.

The state gross retail tax shall not apply to such part of the gross income from transactions constituting selling at retail which is excise tax imposed under Section 4081 of the Internal Revenue Code.

45 IAC 2.2-5-50

Department of State Revenue; Ch. 5, Reg. 6-2.5-5-24 a (030); filed Dec 1, 1982, 10:35 am: 6 IR 50