Note: This version of section effective 1-1-2028. See also preceding version of this section, effective until 1-1-2028.
Sec. 2. "Adjusted gross income" has the meaning set forth in IC 6-3-1-3.5. However:
(1) in the case of a resident local taxpayer of Perry County, the term does not include adjusted gross income described in IC 6-3.6-8-7; and
(2) in the case of a local taxpayer described in section 13(3) of this chapter, the term includes only that part of the individual's total income that:
(A) is apportioned to Indiana under IC 6-3-2-2.7 or IC 6-3-2-3.2; and
(B) is paid to the individual as compensation for services rendered in the county (or municipality in the case of a local income tax imposed under IC 6-3.6-6-22) as a team member or race team member.