Indiana Code - Taxation - Title 6, Section 6-3.1-29-15

Computation of credit amount

Effective 1-1-2006.

Sec. 15. Subject to section 16 of this chapter, the amount of the
credit to which a taxpayer is entitled is equal to the sum of the
following:
(1) Ten percent (10%) of the taxpayer's qualified investment for
the first five hundred million dollars ($500,000,000) invested.
(2) Five percent (5%) of the amount of the taxpayer's qualified
investment that exceeds five hundred million dollars
($500,000,000).

As added by P.L.191-2005, SEC.15.

Last modified: May 28, 2006