6-3.1-24-10. Credit; calculation

IN Code § 6-3.1-24-10 (2019) (N/A)
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Sec. 10. Subject to sections 8 and 13 of this chapter, the amount of the credit to which a taxpayer is entitled under section 6 this chapter equals the product of:

(1) twenty percent (20%); multiplied by

(2) the amount of the qualified investment capital provided to a qualified Indiana business by the taxpayer in the taxable year.

As added by P.L.192-2002(ss), SEC.119.