Ind. Code § 6-3.1-30.5-5

Current through P.L. 171-2024

Section 6-3.1-30.5-5 - "State tax liability"

As used in this chapter, "state tax liability" means a taxpayer's total tax liability that is incurred under:

(1) IC 6-3-1 through IC 6-3-7 (the adjusted gross income tax);

(2) IC 6-5.5 (the financial institutions tax); and

(3) IC 27-1-18-2 (the insurance premiums tax) or IC 6-8-15 (the nonprofit agricultural organization health coverage tax);

as computed after the application of the credits that under IC 6-3.1-1-2 are to be applied before the credit provided by this chapter.

IC 6-3.1-30.5-5

Amended by P.L. 154-2020,SEC. 20, eff. 7/1/2020.

As added by P.L. 182-2009 (ss), SEC.205.