Taxable vessel; rate
Sec. 2. Each year a commercial vessel is subject to the tonnage tax
imposed under this chapter if the vessel is, under the navigation laws
of the United States, registered at an Indiana port on May 1st of that
year. The amount of tonnage tax due for the year on the vessel is
three cents ($ .03) per net ton.
(Formerly: Acts 1975, P.L.47, SEC.3.)
Last modified: May 28, 2006