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2021 Indiana Code
Title 6. Taxation
Article 2.3. Utility Receipts Tax
Chapter 2. Imposition
6-2.3-2-4. Entity Liability of Entities Exempt for Federal Income Taxation
Universal Citation: IN Code § 6-2.3-2-4 (2021)
Sec. 4. Every S corporation or other entity exempt from federal income taxation under Section 1361 of the Internal Revenue Code, partnership, limited liability company, and limited liability partnership, is liable for the utility receipts tax. No utility receipts tax liability is imposed under this article on a partner's, member's, beneficiary's, or shareholder's distributive share of the entity's gross income.
As added by P.L.192-2002(ss), SEC.47.
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