Ind. Code § 6-3.1-24-6

Current through P.L. 171-2024

Section 6-3.1-24-6 - Credit; eligibility

A taxpayer that:

(1) provides qualified investment capital to a qualified Indiana business or a qualified Indiana investment fund; and

(2) fulfills the requirements of the Indiana economic development corporation under section 12.5 of this chapter;

is entitled to a credit against the taxpayer's state tax liability in a taxable year equal to the amount specified in section 8 or 8.5 of this chapter, whichever is applicable.

IC 6-3.1-24-6

Amended by P.L. 165-2021,SEC. 79, eff. 1/1/2022.

As added by P.L. 192-2002 (ss), SEC.119. Amended by P.L. 214-2003, SEC.2; P.L. 4-2005, SEC.97.