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. (1) the amount of the taxpayer's qualified production expenses; multiplied by
  2. (2) a percentage determined by the corporation, not to exceed thirty percent (30%).

As added by P.L.135-2022, SEC.19.

Log InSign Up