Indiana Code > Title 6 > Article 3.1 > Chapter 40 – Physician Practice Ownership Tax Credit


§ 6-3.1-40-1	Applicability
§ 6-3.1-40-2	“Physician”
§ 6-3.1-40-3	“Primary care physician”
§ 6-3.1-40-4	“State income tax liability”
§ 6-3.1-40-5	“Taxpayer”
§ 6-3.1-40-6	Credit; eligibility; amount
§ 6-3.1-40-7	Allowable years of credit
§ 6-3.1-40-8	Credit carryover; carryback or refund of unused credit; assignment prohibited
§ 6-3.1-40-9	Claiming credit on tax return; providing information for eligibility verification
§ 6-3.1-40-10	Assessments

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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.
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.
physician: means an individual who is licensed to practice medicine in Indiana under Indiana Code 6-3.1-40-2
primary care physician: refers to a physician practicing in one (1) or more of the following:
Indiana Code 6-3.1-40-3
state income tax liability: means the taxpayer's total tax liability that is incurred under IC 6-3-1 through IC 6-3-7 (the adjusted gross income tax), as computed after the application of the credits that, under Indiana Code 6-3.1-40-4
taxpayer: means an individual who:
Indiana Code 6-3.1-40-5
Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5