Collection allowance
Sec. 13. A distributor that files a complete return and pays the tax
due within the time specified in section 12 of this chapter is entitled
to deduct and retain from the tax a collection allowance of
six-thousandths (0.006) of the amount due. If a distributor files an
incomplete report, the department may reduce the collection
allowance by an amount that does not exceed the lesser of:
(1) ten percent (10%) of the collection allowance; or
(2) fifty dollars ($50).
As added by P.L.96-1987, SEC.7. Amended by P.L.192-2002(ss),
SEC.139.
Last modified: May 28, 2006