Ind. Code § 6-2.5-5-47

Current through P.L. 171-2024

Section 6-2.5-5-47 - Coins, bullion, and legal tender

Transactions involving the sale of or the lease or rental of storage for:

(1) coins that are permitted investments by an individual retirement account or by an individually-directed account under 26 U.S.C. 408(m);

(2) bullion that would be a permitted investment by an individual retirement account or by an individually-directed account under 26 U.S.C. 408(m) if the bullion was in the physical possession of a trustee; or

(3) legal tender;

are exempt from the state gross retail tax.

IC 6-2.5-5-47

Amended by P.L. 239-2017,SEC. 9, eff. 7/1/2016.

Added by P.L. 195-2016, SEC. 1, eff. 7/1/2016.