312 Ind. Admin. Code 23-2-17

Current through December 4, 2024

Section 312 IAC 23-2-17 - "State tax liability" defined

Authority: IC 6-3.1-16-15; IC 14-10-2-4; IC 14-21-1-31

Affected: IC 6-3; IC 6-3.1-1-2; IC 6-3.1-16; IC 14-21-1

Sec. 17.

"State tax lability" means a taxpayer's total tax liability incurred under:

(1) IC 6-2.1 (the gross income tax);

(2) IC 6-3-1 through IC 6-3-7 (the adjusted gross income tax); and

(3) IC 6-3-8 (the supplemental net income tax);

as computed after the application of all credits that under IC 6-3.1-1-2 are to be applied before the credit provided by IC 6-3.1-16 and this article.

312 IAC 23-2-17

Natural Resources Commission; 312 IAC 23-2-17; filed Nov 4, 1999, 10:04 a.m.: 23 IR 550; readopted filed Aug 4, 2005, 6:00 p.m.: 28 IR 3661; readopted filed Jul 28, 2011, 10:28 a.m.: 20110824-IR-312110103RFA