§ 6-3.1-26-0.3 Legalization of actions taken by Indiana economic development corporation in administration of chapter after February 8, 2005, and before May 11, 2005
§ 6-3.1-26-2.5 “Corporation”
§ 6-3.1-26-3.1 “Digital manufacturing equipment”
§ 6-3.1-26-5 “Highly compensated employee”
§ 6-3.1-26-5.5 “Motion picture or audio production”
§ 6-3.1-26-6 “New employee”
§ 6-3.1-26-7 “Pass through entity”
§ 6-3.1-26-8 “Qualified investment”
§ 6-3.1-26-8.5 “Logistics investment”
§ 6-3.1-26-9 “State tax liability”
§ 6-3.1-26-11 “Taxpayer”
§ 6-3.1-26-12 Purpose of credit
§ 6-3.1-26-13 Entitlement to credit
§ 6-3.1-26-14 Amount of credit
§ 6-3.1-26-15 Carry forward of credit; acceleration of certain credits
§ 6-3.1-26-16 Shareholder or partner entitled to credit; acceleration of certain credits
§ 6-3.1-26-17 Application
§ 6-3.1-26-18 Agreement for credit; conditions
§ 6-3.1-26-19 Credit disallowed for relocated jobs
§ 6-3.1-26-20 Certification of qualified investments
§ 6-3.1-26-21 Agreement for credit; contents
§ 6-3.1-26-22 Certificate of verification
§ 6-3.1-26-23 Noncompliance with agreement; assessments
§ 6-3.1-26-25 Biennial evaluation; reporting requirements
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Terms Used In Indiana Code > Title 6 > Article 3.1 > Chapter 26 - Hoosier Business Investment Tax Credit

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • corporation: means the Indiana economic development corporation established by IC 5-28-3-1. See Indiana Code 6-3.1-26-2.5
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • digital manufacturing equipment: means any production equipment utilized within an integrated computer network system that provides for the onsite manufacturing of a three-dimensional part or product using material that is joined or solidified using multiple layers under computer control pursuant to a computer aided design for rapid or on demand production. See Indiana Code 6-3.1-26-3.1
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • pass through entity: means a:

    Indiana Code 6-3.1-26-7

  • Property: includes personal and real property. See Indiana Code 1-1-4-5
  • qualified investment: means the amount of the taxpayer's expenditures in Indiana for:

    Indiana Code 6-3.1-26-8

  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • state tax liability: means a taxpayer's total tax liability that is incurred under:

    Indiana Code 6-3.1-26-9

  • taxpayer: means an individual, a corporation, a partnership, or other entity that has state tax liability. See Indiana Code 6-3.1-26-11
  • Verified: when applied to pleadings, means supported by oath or affirmation in writing. See Indiana Code 1-1-4-5
  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5