2019 Indiana Code
Title 6. Taxation
Article 3.1. State Tax Liability Credits
Chapter 31.9. Hoosier Alternative Fuel Vehicle Manufacturer Tax Credit
6-3.1-31.9-12. Amount of the credit

IC 6-3.1-31.9-12 Amount of the credit

     Note: This version of section effective until 1-1-2020. See also following repeal of this chapter, effective 1-1-2020.

Sec. 12. The total amount of a tax credit claimed for a taxable year under this chapter is a percentage determined by the corporation, not to exceed fifteen percent (15%) of the amount of a qualified investment made by the taxpayer in Indiana during that taxable year. The taxpayer may carry forward any unused credit.

As added by P.L.223-2007, SEC.4.

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