Indiana Code - Taxation - Title 6, Section 6-3.1-15-13

Price for resale of equipment

Sec. 13. A service center shall establish a price for the resale of
qualified computer equipment that equals:
(1) the amount of the service center's payment to the department
under section 11 of this chapter in the preceding year and as
anticipated for the current year; and
(2) the service center's actual operating expenses in purchasing,
inspecting, testing, refurbishing, and reselling qualified
computer equipment under this chapter, including a reasonable
allowance for operating overhead.

As added by P.L.43-1992, SEC.11. Amended by P.L.1-1993, SEC.40;
P.L.62-1997, SEC.4.

Last modified: May 28, 2006