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Ind. Code § 6-3.1-36-8

Determination of tax credit amount

As added by P.L.135-2022, SEC.19.

Sec. 8. 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%).

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.