Qualifications for credit
Sec. 7. A taxpayer may claim the credit under this chapter only if:
(1) the average wage paid by the taxpayer to its Indiana
employees within the county in which the qualifying investment
is made exceeds the average wage paid in that county; or
(2) the taxpayer certifies to the corporation and provides proof
as determined by the corporation that, as a result of the
qualifying investment, the average wage paid by the taxpayer to
its Indiana employees within the county in which the qualifying
investment is made will exceed the average wage paid in that
county.
As added by P.L.291-2001, SEC.177. Amended by P.L.4-2005,
SEC.88.
Last modified: May 28, 2006