6-3.1-10-6. Credit for qualified investment; amount

IN Code § 6-3.1-10-6 (2019) (N/A)
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Sec. 6. (a) A taxpayer is entitled to a credit against the taxpayer's state tax liability for a taxable year if the taxpayer makes a qualified investment in that taxable year.

(b) The amount of the credit to which a taxpayer is entitled is the percentage determined under section 8 of this chapter multiplied by the price of the qualified investment made by the taxpayer during the taxable year.

As added by P.L.9-1986, SEC.8.