Ind. Code § 6-3.1-36-8
Determination of tax credit amount
As added by P.L.135-2022, SEC.19.
If the corporation certifies a taxpayer under section 7(c) of this chapter, the taxpayer is entitled to a tax credit under this chapter equal to:
- (1) the amount of the taxpayer's qualified production expenses; multiplied by
- (2) a percentage determined by the corporation, not to exceed thirty percent (30%).
As added by P.L.135-2022, SEC.19.