§ 6-3.1-39.5-1 “Indiana qualified child care facility”
§ 6-3.1-39.5-2 “Pass through entity”
§ 6-3.1-39.5-3 “Qualified child care expenditure”
§ 6-3.1-39.5-4 “Qualified expenditure”
§ 6-3.1-39.5-5 “Recapture event”
§ 6-3.1-39.5-6 “State tax liability”
§ 6-3.1-39.5-7 “Taxpayer”
§ 6-3.1-39.5-8 Entitlement to credit; amount of credit
§ 6-3.1-39.5-9 Shareholder, partner, beneficiary, or member entitled to credit
§ 6-3.1-39.5-10 Carry forward of credit
§ 6-3.1-39.5-11 Claiming a credit
§ 6-3.1-39.5-12 Payment of recapture amount; change of ownership
§ 6-3.1-39.5-13 Liability
§ 6-3.1-39.5-14 Maximum aggregate amount of credits
§ 6-3.1-39.5-15 Expiration
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Terms Used In Indiana Code > Title 6 > Article 3.1 > Chapter 39.5 - Employer Child Care Expenditure Credits

  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • 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.
  • in writing: include printing, lithographing, or other mode of representing words and letters. See Indiana Code 1-1-4-5
  • Indiana qualified child care facility: means a facility that is:

    Indiana Code 6-3.1-39.5-1

  • 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 6-3.1-39.5-2

  • Property: includes personal and real property. See Indiana Code 1-1-4-5
  • qualified child care expenditure: means an expenditure:

    Indiana Code 6-3.1-39.5-3

  • qualified expenditure: means a qualified child care expenditure. See Indiana Code 6-3.1-39.5-4
  • recapture event: means :

    Indiana Code 6-3.1-39.5-5

  • state tax liability: means the taxpayer's total tax liability that is incurred under:

    Indiana Code 6-3.1-39.5-6

  • taxpayer: means any person, corporation, limited liability company, partnership, or other entity that has any state tax liability and employs one hundred (100) individuals or less. See Indiana Code 6-3.1-39.5-7
  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5