Prepayment rate schedule
Sec. 14. (a) Before June 10 and December 10 of each year, the
department shall determine and provide to:
(1) each refiner and terminal operator and each qualified
distributor known to the department to be required to collect
prepayments of the state gross retail tax under this chapter; and
(2) any other person that makes a request;
a notice of the prepayment rate to be used during the following six
(6) month period. The department shall also have the prepayment
rate published in the June and December issues of the Indiana
Register.
(b) In determining the prepayment rate under this section, the
department shall use the most recent retail price of gasoline available
to the department.
As added by P.L.94-1987, SEC.11.
Last modified: May 28, 2006