Indiana Code 6-3.1-34-4. “Pass through entity”
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Sec. 4. As used in this chapter, “pass through entity” means a:
(2) partnership;
(1) corporation that is exempt from the adjusted gross income tax under IC 6-3-2-2.8(2);
Terms Used In Indiana Code 6-3.1-34-4
- 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.
(3) trust;
(4) limited liability company; or
(5) limited liability partnership.
As added by P.L.158-2019, SEC.29.