Sec. 4. Discount for Timely Payment. The department shall allow a taxpayer a discount of one and one-half percent (1 1/2%) of the amount of excise taxes otherwise due for the accurate reporting and timely remitting of the excise taxes imposed by this title.
Ind. Code § 7.1-4-6-4
Discount for timely payment
Formerly: Acts 1973, P.L.55, SEC.1; Acts 1973, P.L.56, SEC.22.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.