36-7-32-6.5. "Gross retail incremental amount"

IN Code § 36-7-32-6.5 (2019) (N/A)
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Sec. 6.5. As used in this chapter, "gross retail incremental amount" means the remainder of:

(1) the aggregate amount of state gross retail and use taxes that are remitted under IC 6-2.5 by businesses operating in the territory comprising a certified technology park during a state fiscal year; minus

(2) the gross retail base period amount;

as determined by the department of state revenue.

As added by P.L.199-2005, SEC.38.