Terms Used In Indiana Code > Title 6 > Article 3.1 > Chapter 19 - Community Revitalization Enhancement District Tax Credit

• Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
• 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.
• Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
• in writing: include printing, lithographing, or other mode of representing words and letters. See Indiana Code 1-1-4-5
• Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). ^{Source: OCC}
• Oral argument: An opportunity for lawyers to summarize their position before the court and also to answer the judges' questions.
• 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 :

  Indiana Code 6-3.1-19-1.5

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

  Indiana Code 6-3.1-19-2

• Remand: When an appellate court sends a case back to a lower court for further proceedings.
• state and local tax liability: means a taxpayer's total tax liability incurred under:

  Indiana Code 6-3.1-19-1

• taxpayer: means an individual or entity that has any state and local tax liability. See Indiana Code 6-3.1-19-2.5
• Testimony: Evidence presented orally by witnesses during trials or before grand juries.
• Transcript: A written, word-for-word record of what was said, either in a proceeding such as a trial or during some other conversation, as in a transcript of a hearing or oral deposition.
• Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5