reglab/housing_qa huggingface dataset:
IN Code § 6-4.1-10-6 (2021)
2021 Indiana Code|Title 6. Taxation|Article 4.1. Death Taxes|Chapter 10. Refund of Inheritance Tax Erroneously or Illegally Collected|6-4.1-10-6. Annual Appropriation to Pay Refund

Sec. 6. Amounts sufficient to pay the refunds provided for under this chapter are annually appropriated.As added by Acts 1976, P.L.18, SEC.1.
IN Code § 6-4.1-12-0.5 (2021)
2021 Indiana Code|Title 6. Taxation|Article 4.1. Death Taxes|Chapter 12. General Administrative Provisions|6-4.1-12-0.5. Inheritance Tax Not Imposed on a Transfer of Property Resulting From the Death of an Individual Who Dies After December 31, 2012

Sec. 0.5. (a) For an individual who dies after December 31, 2012, there is no inheritance tax imposed on the decedent's transfer of property interests.(b) Sections 1 through 12 of this chapter do not apply to a property interest transferred by a decedent whose death occurs after December 31, 2012.As added by P.L.157-2012, SEC.15. Amended by P.L.205-2013, SEC.123.
IN Code § 6-4.1-12-1 (2021)
2021 Indiana Code|Title 6. Taxation|Article 4.1. Death Taxes|Chapter 12. General Administrative Provisions|6-4.1-12-1. Powers of the Probate Court

Sec. 1. (a) Except as otherwise provided in this article, the probate court of the county:(1) in which a resident decedent was domiciled at the time of the decedent's death; or(2) in which the resident decedent's estate is being administered, if different from the county described in subdivision (1);has jurisdiction to determine the inheritance tax imposed as a result of the resident decedent's death and to hear all matters related to the tax determination. However, if two (2) or more courts in a county have probate jurisdiction, the first court acquiring jurisdiction under this article acquires exclusive jurisdiction over the inheritance tax determination.(b) In the case of an inheritance tax return filed after March 31, 2016, the probate court having jurisdiction under subsection (a) does not have the power to make original inheritance tax determinations. The probate court may hear the following matters with respect to an inheritance tax return filed after March 31, 2016, for a resident decedent:(1) Any matter subject to IC 6-4.1-4-3 through IC 6-4.1-4-5.(2) Any matter subject to IC 6-4.1-5-13.(3) Petitions for a redetermination of inheritance tax due or a reappraisal of a property interest under IC 6-4.1-7.(4) An appeal of a refund order under IC 6-4.1-10-4.As added by Acts 1976, P.L.18, SEC.1. Amended by Acts 1977(ss), P.L.6, SEC.11; P.L.86-1995, SEC.9; P.L.190-2016, SEC.29.
IN Code § 6-4.1-12-2 (2021)
2021 Indiana Code|Title 6. Taxation|Article 4.1. Death Taxes|Chapter 12. General Administrative Provisions|6-4.1-12-2. Appraisal of Transferred Property Interests

Sec. 2. To determine the inheritance tax with respect to an inheritance tax return filed after March 31, 2016, the department of state revenue shall appraise a property interest transferred by a resident decedent.As added by Acts 1976, P.L.18, SEC.1. Amended by P.L.190-2016, SEC.30; P.L.79-2017, SEC.50.
IN Code § 6-4.1-12-5 (2021)
2021 Indiana Code|Title 6. Taxation|Article 4.1. Death Taxes|Chapter 12. General Administrative Provisions|6-4.1-12-5. Compromise Agreements Concerning Tax or Interest on Delinquency

Sec. 5. (a) If one (1) of the conditions listed in subsection (b) of this section exists, the department of state revenue may, with the advice and approval of the attorney general, enter into a compromise agreement concerning the amount of any inheritance tax, or interest charges on delinquent inheritance tax, to be collected under this article. The department may enter into such an agreement with the personal representative of a decedent's estate or with the transferee of property transferred by the decedent.(b) The department may enter into a compromise agreement under this section only if the department and the attorney general believe that a substantial doubt exists as to:(1) the right to impose the tax under applicable Indiana law;(2) the constitutionality, under either the Indiana or United States Constitutions, of the imposition of the tax;(3) the correct value of property transferred under a taxable transfer;(4) the correct amount of tax due;(5) the collectability of the tax; or(6) whether the decedent was a resident or a non-resident of this state.(c) After payment of the inheritance tax agreed to by the parties to a compromise agreement entered into under this section, the issue of the amount of tax to be collected may be reopened only if the agreement was entered into fraudulently.As added by Acts 1976, P.L.18, SEC.1.
IN Code § 6-4.1-12-6 (2021)
2021 Indiana Code|Title 6. Taxation|Article 4.1. Death Taxes|Chapter 12. General Administrative Provisions|6-4.1-12-6. Powers and Duties of Department of State Revenue

Sec. 6. The department of state revenue:(1) shall supervise the enforcement of this article;(2) shall supervise the collection of taxes imposed under this article;(3) shall investigate the manner in which this article is administered and enforced in the various counties of this state;(4) shall provide the forms and books required to implement this article;(5) shall promulgate any rules or regulations which are necessary for the interpretation or the enforcement of this article;(6) may investigate any facts or circumstances which are relevant to the taxes imposed under this article;(7) shall provide the inheritance tax administrator with a secretary; and(8) may provide the inheritance tax administrator with assistants, clerks, or stenographers.As added by Acts 1976, P.L.18, SEC.1.
IN Code § 6-4.1-12-6.5 (2021)
2021 Indiana Code|Title 6. Taxation|Article 4.1. Death Taxes|Chapter 12. General Administrative Provisions|6-4.1-12-6.5. Determination of Department of State Revenue Resulting in Tax Increase; Statement in Rules

Sec. 6.5. All changes in the department of state revenue's interpretations of IC 6-4.1 that could increase a person's tax liability must be stated in rules promulgated under IC 4-22-2. In no event may a change in a departmental interpretation of IC 6-4.1 that could increase a person's tax liability take effect before the date on which it is promulgated in a rule.As added by Acts 1979, P.L.75, SEC.14.
IN Code § 6-4.1-12-7 (2021)
2021 Indiana Code|Title 6. Taxation|Article 4.1. Death Taxes|Chapter 12. General Administrative Provisions|6-4.1-12-7. Investigative Powers of Department of State Revenue; Witness Fees

Sec. 7. For the purpose of conducting an investigation described under section 6(3) or 6(6) of this chapter, the department of state revenue may:(1) subpoena evidence;(2) subpoena witnesses;(3) administer oaths; or(4) take testimony concerning any matter.Each witness examined by the department is entitled to receive a fee equal to the same fee paid witnesses subpoenaed to appear before a court of record. The witness fee shall be paid in the same manner that erroneous tax payments are refunded under IC 6-4.1-10.As added by Acts 1976, P.L.18, SEC.1. Amended by P.L.79-2017, SEC.52.
IN Code § 6-4.1-12-8 (2021)
2021 Indiana Code|Title 6. Taxation|Article 4.1. Death Taxes|Chapter 12. General Administrative Provisions|6-4.1-12-8. Inheritance Tax Administrator; Appointment; Salary

Sec. 8. The governor shall, with the advice of the department of state revenue, appoint a state inheritance tax administrator. The inheritance tax administrator shall receive a salary to be fixed in the manner prescribed in IC 4-12-1-13. In addition, he shall receive the same mileage and travel allowances which other state employees receive.As added by Acts 1976, P.L.18, SEC.1.
IN Code § 6-4.1-12-9 (2021)
2021 Indiana Code|Title 6. Taxation|Article 4.1. Death Taxes|Chapter 12. General Administrative Provisions|6-4.1-12-9. Powers and Duties of Inheritance Tax Administrator

Sec. 9. The inheritance tax administrator:(1) shall supervise the administration of this article;(2) shall, on behalf of the department of state revenue, perform the administrative duties assigned to the department under this article;(3) shall file reports with the department of state revenue on the first day of January, April, July, and October of each year;(4) may, with the approval of the governor, employ special auditors or appraisers to appraise any property interest which is transferred by a decedent under a taxable transfer; and(5) may, with the approval of the governor, employ special counsel to advise the administrator or to represent the administrator or the department of state revenue in any proceeding initiated by or against the administrator or the department.As added by Acts 1976, P.L.18, SEC.1.
IN Code § 6-4.1-12-10 (2021)
2021 Indiana Code|Title 6. Taxation|Article 4.1. Death Taxes|Chapter 12. General Administrative Provisions|6-4.1-12-10. Special Auditor, Appraiser, or Counsel; Compensation

Sec. 10. A special auditor, appraiser, or counsel appointed by the inheritance tax administrator under section 9 of this chapter shall receive compensation for his services in an amount fixed by the administrator and the governor. When a claim for the compensation is approved by the administrator and the governor, the state auditor shall issue a warrant to the claimant in the amount so approved. The state auditor shall draw the warrant on taxes collected under this article. The state treasurer shall pay the warrant.As added by Acts 1976, P.L.18, SEC.1.
IN Code § 6-4.1-12-11 (2021)
2021 Indiana Code|Title 6. Taxation|Article 4.1. Death Taxes|Chapter 12. General Administrative Provisions|6-4.1-12-11. Information and Investigations Concerning Non-Resident's Estates

Sec. 11. The department of state revenue and the inheritance tax administrator shall gather information and make investigations concerning the estates of non-residents whose deaths result in the imposition of a tax under this article.As added by Acts 1976, P.L.18, SEC.1.
IN Code § 6-4.1-12-12 (2021)
2021 Indiana Code|Title 6. Taxation|Article 4.1. Death Taxes|Chapter 12. General Administrative Provisions|6-4.1-12-12. Disclosure of Inheritance Tax Information; Offense

Sec. 12. (a) The department, the department's counsel, agents, clerks, stenographers, other employees, or former employees, or any other person who gains access to the inheritance tax files shall not divulge any information disclosed by the documents required to be filed under this article. However, disclosure may be made in the following cases:(1) To comply with an order of a court.(2) To the members and employees of the department.(3) To the members and employees of county offices and courts to the extent they need the information for inheritance tax purposes. IC 5-14-3-6.5 does not apply to this subdivision.(4) To the governor.(5) To the attorney general.(6) To any other legal representative of the state in any action pertaining to the tax due under this article.(7) To any authorized officer of the United States, when the recipient agrees that the information is confidential and will be used solely for official purposes.(8) Upon the receipt of a certified request, to any designated officer of a tax department of any other state, district, territory, or possession of the United States, when the state, district, territory, or possession permits the exchange of like information with the taxing officials of Indiana and when the recipient agrees that the information is confidential and will be used solely for tax collection purposes.(9) Upon receipt of a written request, to the director of the department of child services or to the director of the division of family resources and to any county director of family and children, when the recipient agrees that the information is confidential and will be used only in connection with their official duties.(10) To the attorney listed on the inheritance tax return under IC 6-4.1-4-1 or IC 6-4.1-4-7.(11) To a devisee, an heir, a successor in interest, or a surviving joint tenant of the decedent for whom an inheritance tax return was filed or, upon the receipt of a written request, to an agent or attorney of a devisee, an heir, a successor in interest, or a surviving joint tenant of the decedent.(b) Any person who knowingly violates this section:(1) commits a Class C misdemeanor; and(2) shall be immediately dismissed from the person's office or employment, if the person is an officer or employee of the state.As added by P.L.26-1985, SEC.13. Amended by P.L.67-1988, SEC.3; P.L.58-1990, SEC.4; P.L.2-1992, SEC.70; P.L.4-1993, SEC.10; P.L.5-1993, SEC.22; P.L.145-2006, SEC.18.
IN Code § 6-5.5-1-1 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 1. Definitions|6-5.5-1-1. Application of Definitions

Sec. 1. The definitions in this chapter apply throughout this article.As added by P.L.347-1989(ss), SEC.1.
IN Code § 6-5.5-1-3 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 1. Definitions|6-5.5-1-3. "Business of a Financial Institution"

Sec. 3. "Business of a financial institution" has the meaning set forth in section 17(d) of this chapter.As added by P.L.347-1989(ss), SEC.1.
IN Code § 6-5.5-1-4 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 1. Definitions|6-5.5-1-4. "Commercial Domicile"

Sec. 4. "Commercial domicile" means:(1) for a regulated financial corporation:(A) the taxing jurisdiction under the laws of which it is organized; or(B) if it is organized under the laws of the United States, the place designated as its principal office with the regulatory authority;(2) if it is a foreign bank, the state where it has established a federal agency or federal branch under Section 4 of the International Banking Act of 1978 (12 U.S.C. 3102) or if it transacts business in more than one (1) state, its home state as provided in Section 5(c) of the International Banking Act of 1978 (12 U.S.C. 3103(c)); or(3) for all other entities, the principal place from which the trade or business of the entity is directed or managed.As added by P.L.347-1989(ss), SEC.1.
IN Code § 6-5.5-1-5 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 1. Definitions|6-5.5-1-5. "Compensation"

Sec. 5. "Compensation" means wages, salaries, commissions, and any other form of remuneration paid to employees for personal services.As added by P.L.347-1989(ss), SEC.1.
IN Code § 6-5.5-1-6 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 1. Definitions|6-5.5-1-6. "Corporation"

Sec. 6. "Corporation" means an entity that is:(1) a corporation (as defined in Internal Revenue Code Section 7701(a)(3)) for federal income tax purposes, including an entity taxed as a corporation under the Internal Revenue Code; and(2) organized under the laws of the United States, this state, any other taxing jurisdiction, or a foreign government.As added by P.L.347-1989(ss), SEC.1. Amended by P.L.21-1990, SEC.16.
IN Code § 6-5.5-1-7 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 1. Definitions|6-5.5-1-7. "Department"

Sec. 7. "Department" refers to the department of state revenue.As added by P.L.347-1989(ss), SEC.1.
IN Code § 6-5.5-1-8 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 1. Definitions|6-5.5-1-8. "Employee"

Sec. 8. "Employee" has the same meaning as it has for purposes of federal income tax withholding under Sections 3401 through 3404 of the Internal Revenue Code.As added by P.L.347-1989(ss), SEC.1.
IN Code § 6-5.5-1-9 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 1. Definitions|6-5.5-1-9. "Foreign Bank"

Sec. 9. "Foreign bank" means an entity organized under the laws of a foreign country, a territory of the United States, Puerto Rico, Guam, American Samoa, or the Virgin Islands that engages in the business of a financial institution or a subsidiary or affiliate organized under those laws of such an entity. The term includes foreign commercial banks, foreign merchant banks, and other foreign institutions that engage in banking activities that are usually in connection with the business of a financial institution in the countries where the foreign institutions are organized or operating.As added by P.L.347-1989(ss), SEC.1.
IN Code § 6-5.5-1-10 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 1. Definitions|6-5.5-1-10. "Gross Income"

Sec. 10. "Gross income" means gross income (as defined in Section 61 of the Internal Revenue Code) for federal income tax purposes.As added by P.L.347-1989(ss), SEC.1.
IN Code § 6-5.5-1-11 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 1. Definitions|6-5.5-1-11. "Internal Revenue Code"

Sec. 11. "Internal Revenue Code" has the meaning set forth in IC 6-3-1-11. For purposes of IC 6-5.5, a reference to "article" in IC 6-3-1-11 is considered to also mean a reference in IC 6-5.5.As added by P.L.347-1989(ss), SEC.1. Amended by P.L.165-2021, SEC.99.
IN Code § 6-5.5-1-12 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 1. Definitions|6-5.5-1-12. "Nonresident Taxpayer"

Sec. 12. "Nonresident taxpayer" means a taxpayer that:(1) is transacting business within Indiana, as provided in IC 6-5.5-3; and(2) has its commercial domicile outside Indiana.As added by P.L.347-1989(ss), SEC.1. Amended by P.L.68-1991, SEC.2.
IN Code § 6-5.5-1-13 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 1. Definitions|6-5.5-1-13. "Resident Taxpayer"

Sec. 13. "Resident taxpayer" means a taxpayer that:(1) is transacting business within Indiana, as provided in IC 6-5.5-3; and(2) has its commercial domicile in Indiana.As added by P.L.347-1989(ss), SEC.1.
IN Code § 6-5.5-1-14 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 1. Definitions|6-5.5-1-14. "Subsidiary"

Sec. 14. "Subsidiary" means:(1) a corporation fifty percent (50%) or more of whose voting stock; or(2) an entity other than a corporation that is taxed as a corporation under the Internal Revenue Code and fifty percent (50%) of whose net worth;is owned by another legal entity.As added by P.L.347-1989(ss), SEC.1. Amended by P.L.21-1990, SEC.17.
IN Code § 6-5.5-1-15 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 1. Definitions|6-5.5-1-15. "Taxable Year"

Sec. 15. "Taxable year", with respect to a taxpayer, means the taxable year of the taxpayer as shown on the taxpayer's return required to be filed under the Internal Revenue Code. If a taxpayer does not file a return under the Internal Revenue Code, the taxpayer's taxable year is the calendar year.As added by P.L.347-1989(ss), SEC.1.
IN Code § 6-5.5-1-16 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 1. Definitions|6-5.5-1-16. "Taxing Jurisdiction"

Sec. 16. "Taxing jurisdiction" means a state of the United States, the District of Columbia, the Commonwealth of Puerto Rico, or a territory or possession of the United States.As added by P.L.347-1989(ss), SEC.1.
IN Code § 6-5.5-1-18 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 1. Definitions|6-5.5-1-18. "Unitary Business"

Sec. 18. (a) "Unitary business" means business activities or operations that are of mutual benefit, dependent upon, or contributory to one another, individually or as a group, in transacting the business of a financial institution. The term may be applied within a single legal entity or between multiple entities and without regard to whether each entity is a corporation, a partnership, a limited liability company, or a trust, provided that each member is either a holding company, a regulated financial corporation, a subsidiary of either, a corporation that conducts the business of a financial institution under IC 6-5.5-1-17(d)(2), or any other entity, regardless of its form, that conducts activities that would constitute the business of a financial institution under IC 6-5.5-1-17(d)(2) if the activities were conducted by a corporation. The term "unitary group" includes those entities that are engaged in a unitary business transacted wholly or partially within Indiana. However, the term does not include an entity that does not transact business in Indiana.(b) Unity is presumed whenever there is unity of ownership, operation, and use evidenced by centralized management or executive force, centralized purchasing, advertising, accounting, or other controlled interaction among entities that are members of the unitary group, as described in subsection (a). However, the absence of these centralized activities does not necessarily evidence a nonunitary business.(c) Unity of ownership, when a corporation is involved, does not exist unless that corporation is a member of a group of two (2) or more business entities and more than fifty percent (50%) of the voting stock of each member of the group is directly or indirectly owned by:(1) a common owner or common owners, either corporate or noncorporate; or(2) one (1) or more of the member corporations of the group.As added by P.L.347-1989(ss), SEC.1. Amended by P.L.21-1990, SEC.19; P.L.8-1993, SEC.95; P.L.129-2001, SEC.8.
IN Code § 6-5.5-1-19 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 1. Definitions|6-5.5-1-19. "Partnership"

Sec. 19. "Partnership" has the meaning set forth in IC 6-3-1-19.As added by P.L.21-1990, SEC.20. Amended by P.L.159-2021, SEC.27.
IN Code § 6-5.5-1-20 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 1. Definitions|6-5.5-1-20. "Bonus Depreciation"

Sec. 20. As used in this article, "bonus depreciation" means an amount equal to that part of any depreciation allowance allowed in computing the taxpayer's federal taxable income that is attributable to the additional first-year special depreciation allowance (bonus depreciation) for qualified property allowed under Section 168(k) of the Internal Revenue Code, including the special depreciation allowance for 50-percent bonus depreciation property. For taxable years beginning after December 31, 2017, the term does not include any amount of additional first-year special depreciation allowance under Section 168(k) of the Internal Revenue Code in the amount of adjusted gross income realized on the exchange of property that otherwise would have been deferred under Section 1031 of the Internal Revenue Code in effect on January 1, 2017, if:(1) the exchange would have been eligible for nonrecognition of gain or loss under Section 1031 of the Internal Revenue Code in effect on January 1, 2017;(2) the exchange is not eligible for nonrecognition of gain or loss under Section 1031 of the Internal Revenue Code; and(3) the taxpayer claimed a deduction for the additional first-year special depreciation allowance under Section 168(k) of the Internal Revenue Code with regard to the acquired property.For purposes of this section, if the taxpayer elected to claim a deduction under Section 179 of the Internal Revenue Code with regard to an item of acquired property, the adjusted gross income realized on the exchange must be reduced (but not below zero dollars ($0)) by the amount of the deduction under Section 179 of the Internal Revenue Code elected to be claimed on the acquired property.As added by P.L.105-2003, SEC.5. Amended by P.L.246-2005, SEC.76; P.L.234-2019, SEC.17.
IN Code § 6-5.5-1-21 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 1. Definitions|6-5.5-1-21. "Loans Arising in Factoring"

Sec. 21. (a) "Loans arising in factoring" means:(1) a loan or extension of credit secured by one (1) or more accounts receivable; or(2) a sale of one (1) or more accounts receivable in which the purchaser has recourse against the seller for an uncollected accounts receivable.(b) The term does not refer to:(1) a sale of one (1) or more accounts receivable without recourse; or(2) an assignment of an account receivable.As added by P.L.146-2020, SEC.31.