6-3.1-31.9-12. Amount of the credit

IN Code § 6-3.1-31.9-12 (2019) (N/A)
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Note: This version of section effective until 1-1-2020. See also following repeal of this chapter, effective 1-1-2020.

Sec. 12. The total amount of a tax credit claimed for a taxable year under this chapter is a percentage determined by the corporation, not to exceed fifteen percent (15%) of the amount of a qualified investment made by the taxpayer in Indiana during that taxable year. The taxpayer may carry forward any unused credit.

As added by P.L.223-2007, SEC.4.