45 Ind. Admin. Code 2.2-2-2

Current through December 25, 2024

Section 45 IAC 2.2-2-2 - Collection of tax

Authority: IC 6-8.1-3-3

Affected: IC 6-2.5

Sec. 2.

The retail merchant, acting as an agent for the state of Indiana, must collect the tax. The tax is bourne by the customer. Consideration is a necessary element of taxable transaction.

45 IAC 2.2-2-2

Department of State Revenue; Ch. 2, Reg. 6-2.5-2-1 b (010); filed Dec 1, 1982, 10:35 am: 6 IR 9