Ind. Code § 6-8.1-1-4.5

Current through P.L. 171-2024

Section 6-8.1-1-4.5 - "Periodic tax"

"Periodic tax" means a listed tax for which a return or report is required to be filed and the tax is required to be remitted four (4) times or more in a calendar year. The term does not include:

(1) an estimated tax payment under IC 6-3-2.1-6, IC 6-3-4-4.1, or IC 6-5.5-6-3; or

(2) a withholding payment required to be remitted quarterly under IC 6-3-4-12, IC 6-3-4-13, or IC 6-3-4-15.

For purposes of this section, if a provision of the law relating to a listed tax permits a taxpayer to file returns or reports or remit the tax less frequently than four (4) times per calendar year, the listed tax is considered a periodic tax for a taxpayer who files or remits less frequently.

IC 6-8.1-1-4.5

Added by P.L. 118-2024,SEC. 18, eff. 7/1/2024.