Ind. Code § 6-7-2-13

Current through P.L. 171-2024

Section 6-7-2-13 - Collection allowance

A distributor or remote seller that files a complete return and pays the taxes due within the time specified in section 12 of this chapter is entitled to deduct and retain from the tax a collection allowance of seven-thousandths (0.007) of the amount due. If a distributor or remote seller files an incomplete report, the department may reduce the collection allowance by an amount that does not exceed the lesser of:

(1) ten percent (10%) of the collection allowance; or

(2) fifty dollars ($50).

IC 6-7-2-13

Amended by P.L. 137-2022,SEC. 77, eff. 7/1/2023.

Amended by P.L. 165-2021,SEC. 111, eff. 7/1/2022.

Amended by P.L. 191-2016, SEC. 7, eff. 7/1/2016.

As added by P.L. 96-1987, SEC.7. Amended by P.L. 192-2002 (ss), SEC.139.