Ind. Code § 6-3.1-36-8

Current through P.L. 171-2024

Section 6-3.1-36-8 - Determination of tax credit amount

If the corporation certifies a taxpayer under section 7(c) of this chapter, the taxpayer is entitled to a tax credit under this chapter equal to:

(1) the amount of the taxpayer's qualified production expenses; multiplied by

(2) a percentage determined by the corporation, not to exceed thirty percent (30%).

IC 6-3.1-36-8

Added by P.L. 135-2022,SEC. 19, eff. 7/1/2022.