Tangible assets, intangible assets, and deposits attributable to state
Sec. 5. For purposes of this chapter, tangible assets are
attributable to this state if they are located in Indiana. Intangible
assets are attributable to this state if the income earned on those
assets is attributable to this state under this article. Deposits are
attributed to this state if they are deposits made by this state or
residents, political subdivisions, or agencies and instrumentalities of
this state regardless of whether the deposits are accepted or
maintained by the taxpayer at locations within Indiana.
As added by P.L.347-1989(ss), SEC.1.
Last modified: May 28, 2006