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2019 Indiana Code
Title 9. Motor Vehicles
Article 32. Dealer Services
Chapter 13. Unfair Practices
9-32-13-5. Willful failure of dealer to perform fiduciary duty to collect and remit gross retail tax
Universal Citation: IN Code § 9-32-13-5 (2019)
IC 9-32-13-5 Willful failure of dealer to perform fiduciary duty to collect and remit gross retail tax
Sec. 5. It is an unfair practice for a dealer to willingly fail to perform the fiduciary duty imposed on the dealer by IC 6-2.5-2-1 with regard to the collection and remittance of the state gross retail tax. Willful violation of the fiduciary duty includes written or oral agreements between a dealer and a prospective purchaser that would give the appearance that a bona fide trade-in has taken place, when in fact the purpose of the agreement is to reduce the prospective purchaser's state gross retail tax and thereby deprive the state of revenue.
As added by P.L.92-2013, SEC.78.
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