reglab/housing_qa huggingface dataset:
IN Code § 6-5.5-5-1 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 5. Alternative Calculations; Combined Returns|6-5.5-5-1. Members of Unitary Business; Combined Returns; Fair Representation of Taxpayer Income Within State; Reapportionment

Sec. 1. (a) Except as provided in this section, a unitary group consisting of at least two (2) taxpayers shall file a combined return covering all the operations of the unitary business and including all of the members of the unitary business. However, only one (1) combined return needs to be filed, as provided in IC 6-5.5-6-1.(b) If the department or taxpayer determines that the result of applying this section or article do not fairly represent the taxpayer's income within Indiana or the taxpayer's income within Indiana may be more fairly represented by a separate return, the taxpayer may petition for and the department may allow, or the department may require, in respect to all or a part of the taxpayer's business activity any of the following:(1) Separate accounting.(2) The filing of a separate return for the taxpayer.(3) A reallocation of tax items between a taxpayer and a member of the taxpayer's unitary group.(c) Income apportioned under this article must reflect a change in adjusted gross income that is required to comply with a department order under this section.As added by P.L.347-1989(ss), SEC.1. Amended by P.L.21-1990, SEC.30; P.L.68-1991, SEC.13.
IN Code § 6-5.5-5-2 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 5. Alternative Calculations; Combined Returns|6-5.5-5-2. Members of Unitary Group; Combined Returns

Sec. 2. A combined return must include the adjusted gross income of all members of the unitary group, even if some of the members would not otherwise be subject to taxation under this article. The department may require a member of a unitary group to provide any information that is needed by the department to determine the unitary group's apportioned income under this article. However, income of corporations or other entities organized in foreign countries, except a foreign bank (or its subsidiary) that transacts business in the United States, shall not be included in the combined return. In addition, the taxpayer shall eliminate, in calculating adjusted gross income, all income and deductions from transactions between entities that are included in the unitary group.As added by P.L.347-1989(ss), SEC.1. Amended by P.L.21-1990, SEC.31.
IN Code § 6-5.5-5-3 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 5. Alternative Calculations; Combined Returns|6-5.5-5-3. Information or Records Required

Sec. 3. The department may require and the taxpayer shall furnish information or records that the department determines to be necessary for it to make the determination required under this article. The department may require this information to be included in the taxpayer's return.As added by P.L.347-1989(ss), SEC.1.
IN Code § 6-5.5-6-1 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 6. Returns|6-5.5-6-1. Annual Returns Required

Sec. 1. Annual returns with respect to the tax imposed by this article shall be made by every taxpayer:(1) having for the taxable year adjusted gross income or apportioned income subject to taxation under this article; or(2) that would have had adjusted gross income or apportioned income subject to taxation under this article, but had a loss for that taxable year.However, taxpayer members of a unitary group are required to file only one (1) return covering all members of the unitary group. The taxpayer member that files the return may be designated by the members of the unitary group pursuant to consents executed by each member. Each taxpayer member of a unitary group is jointly and severally liable for the tax liability of all members of the unitary group.As added by P.L.347-1989(ss), SEC.1. Amended by P.L.68-1991, SEC.14.
IN Code § 6-5.5-6-2 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 6. Returns|6-5.5-6-2. Time for Filing Returns; Extensions

Sec. 2. Annual returns required by this chapter shall be filed with the department on or before the later of the following:(1) The fifteenth day of the fourth month following the close of the taxpayer's taxable year.(2) For a taxpayer whose federal tax return is due on or after the date set forth in subdivision (1), as determined without regard to any extensions, weekends, or holidays, the fifteenth day of the month following the due date of the federal tax return.However, if a taxpayer receives an extension of time from the United States Internal Revenue Service for the filing of its federal income tax return for a taxable year, the department shall grant a similar extension of time to the taxpayer for the filing of a return required by this chapter for that taxable year. In addition, the department may grant an additional reasonable extension of time for filing a return required by this chapter.As added by P.L.347-1989(ss), SEC.1. Amended by P.L.239-2017, SEC.18.
IN Code § 6-5.5-6-3 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 6. Returns|6-5.5-6-3. Quarterly Estimated Tax; Quarterly Payment by Electronic Fund Transfer

Sec. 3. (a) Each taxpayer subject to taxation under this article shall report and pay quarterly an estimated tax equal to twenty-five percent (25%) of the taxpayer's total estimated tax liability imposed by this article for the taxable year. A taxpayer that uses a taxable year that ends on December 31 shall file the taxpayer's estimated quarterly financial institutions tax return and pay the tax to the department on or before April 20, June 20, September 20, and December 20 of the taxable year, without assessment or notice and demand from the department. If a taxpayer uses a taxable year that does not end on December 31, the due dates for filing the estimated quarterly financial institutions tax return and paying the tax are on or before the twentieth day of the fourth, sixth, ninth, and twelfth months of the taxpayer's taxable year. The department shall prescribe the manner and furnish the forms for reporting and payment.(b) Subsection (a) is applicable only to taxpayers having a tax liability imposed under this article that exceeds two thousand five hundred dollars ($2,500) for the taxable year.(c) If the department determines that a taxpayer's:(1) estimated quarterly financial institutions tax liability for the current year; or(2) average quarterly financial institutions tax payment for the preceding year;exceeds five thousand dollars ($5,000), the taxpayer shall pay the quarterly financial institutions taxes due by electronic fund transfer (as defined in IC 4-8.1-2-7) or by delivering in person or by overnight courier a payment by cashier's check, certified check, or money order to the department. The transfer or payment shall be made on or before the date the tax is due.(d) If a taxpayer's financial institutions tax payment is made by electronic fund transfer, the taxpayer is not required to file a quarterly financial institutions tax return.As added by P.L.347-1989(ss), SEC.1. Amended by P.L.68-1991, SEC.15; P.L.28-1997, SEC.21; P.L.129-2001, SEC.9; P.L.211-2007, SEC.34.
IN Code § 6-5.5-6-4 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 6. Returns|6-5.5-6-4. Payment of Tax

Sec. 4. When a taxpayer is required to file a tax return under this chapter, the taxpayer shall, without assessment or notice and demand from the department, pay the tax to the department at the time fixed for filing the return without regard to an extension of time for filing the return. In making an annual return and paying the tax due for a taxable year, a taxpayer is entitled to take a credit for any tax previously paid by it for the taxable year under this chapter.As added by P.L.347-1989(ss), SEC.1.
IN Code § 6-5.5-6-5 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 6. Returns|6-5.5-6-5. Certified Copy of Return

Sec. 5. A taxpayer shall furnish to the department at the department's request a true and correct copy of any tax return that the taxpayer has filed with the United States Internal Revenue Service. The copy shall be certified by the taxpayer under penalties of perjury.As added by P.L.347-1989(ss), SEC.1.
IN Code § 6-5.5-6-7 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 6. Returns|6-5.5-6-7. Forms; Certification of Truth of Information

Sec. 7. A return required by this chapter and other information that is reasonably requested by the department must be on the forms that are prescribed by the department. The taxpayer or other person, corporation, or entity, when required by the department, shall certify under penalties of perjury to the truth of all information on the return or other document.As added by P.L.347-1989(ss), SEC.1.
IN Code § 6-5.5-6-8 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 6. Returns|6-5.5-6-8. Transfer of Property; Liability for Tax

Sec. 8. In the case of a transferee of the property of a transferor, liability for an accrued tax liability of the transferor is transferred to the transferee as provided in Section 6901 of the Internal Revenue Code.As added by P.L.347-1989(ss), SEC.1.
IN Code § 6-5.5-6-9 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 6. Returns|6-5.5-6-9. Preservation of Records; Examination

Sec. 9. A taxpayer subject to taxation under this article shall keep and preserve records of the taxpayer's adjusted gross income and other books or accounts necessary to determine the amount of tax for which the taxpayer is liable under this article. Those records, books, and accounts shall be kept open for examination at any time by the department or its authorized agents.As added by P.L.347-1989(ss), SEC.1.
IN Code § 6-5.5-7-1 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 7. Penalties|6-5.5-7-1. Failure to Make Payment; Underpayments; Estimated Payments

Sec. 1. (a) The penalty in the amount prescribed by IC 6-8.1-10-2.1(b) shall be assessed by the department on a taxpayer who fails to make payments as required in IC 6-5.5-6. However, no penalty shall be assessed for a quarterly payment if the payment equals or exceeds:(1) twenty percent (20%) of the final tax liability for the taxable year; or(2) twenty-five percent (25%) of the final tax liability for the taxpayer's previous taxable year.(b) The penalty for an underpayment of tax on a quarterly return shall only be assessed on the difference between the actual amount paid by the taxpayer on the quarterly return and the lesser of:(1) twenty percent (20%) of the taxpayer's final tax liability for the taxable year; or(2) twenty-five percent (25%) of the taxpayer's final tax liability for the taxpayer's previous taxable year.A payment required to be made in the manner prescribed in IC 6-5.5-6-3(c), but not paid in such a prescribed manner, shall be subject to the penalty provided in IC 6-8.1-10-2.1(b)(5).(c) For a corporation required to make estimated payments under this section:(1) if a corporation has a current taxable year or a previous taxable year that is less than twelve (12) months, the penalty under this section shall be computed in a manner consistent with Section 6655 of the Internal Revenue Code, including regulations promulgated thereunder; and(2) the department may adopt rules or issue guidelines related to the application of payments withheld on behalf of the corporation under IC 6-3-4 or IC 6-5.5-2-8.As added by P.L.347-1989(ss), SEC.1. Amended by P.L.1-1991, SEC.55; P.L.159-2021, SEC.29.
IN Code § 6-5.5-7-2 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 7. Penalties|6-5.5-7-2. Violation of Article; Violation of Preparing or Filing Return

Sec. 2. A taxpayer who:(1) violates IC 6-5.5; or(2) fails to comply with the request of the department made under IC 6-5.5-6;commits a Class C infraction.As added by P.L.347-1989(ss), SEC.1.
IN Code § 6-5.5-7-3 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 7. Penalties|6-5.5-7-3. False Entries in Books; Multiple Books; Failure to Make Return; False Returns

Sec. 3. A taxpayer who:(1) makes false entries in the taxpayer's books;(2) keeps more than one (1) set of books;(3) fails to make a return required to be made under this chapter; or(4) makes a false return or false statement in a return;with intent to defraud the state or to evade the payment of a tax imposed under this article commits a Level 6 felony.As added by P.L.347-1989(ss), SEC.1. Amended by P.L.158-2013, SEC.90.
IN Code § 6-5.5-7-4 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 7. Penalties|6-5.5-7-4. Failure to Permit Examination of Books, Records, or Property; Refusal to Testify or Produce Records

Sec. 4. A person who knowingly:(1) fails to permit the examination of any book, paper, account, record, or other data by the department or its authorized agents;(2) fails to permit the inspection or appraisal of any property by the department or its authorized agents; or(3) refuses to offer testimony or produce a record;required under this article commits a Level 6 felony.As added by P.L.347-1989(ss), SEC.1. Amended by P.L.158-2013, SEC.91.
IN Code § 6-5.5-7-5 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 7. Penalties|6-5.5-7-5. Concurrent Jurisdiction of Attorney General

Sec. 5. The attorney general has concurrent jurisdiction with prosecuting attorneys in instituting and prosecuting actions under sections 2 through 4 of this chapter.As added by P.L.347-1989(ss), SEC.1.
IN Code § 6-5.5-8-1 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 8. Financial Institutions Tax Fund|6-5.5-8-1. Establishment; Purpose; Investment of Money in Fund; Reversion of Funds

Sec. 1. (a) The financial institutions tax fund is established for the purpose of making distributions to counties and for providing revenue for state appropriations. The fund shall be administered by the treasurer of state.(b) The treasurer of state shall invest the money in the fund not currently needed to meet the obligations of the fund in the same manner as other public funds may be invested.(c) Money in the fund at the end of a fiscal year does not revert to the state general fund.As added by P.L.347-1989(ss), SEC.1.
IN Code § 6-5.5-8-2 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 8. Financial Institutions Tax Fund|6-5.5-8-2. Semiannual Distributions to Counties

Sec. 2. (a) On or before December 1 and June 1 of each year the auditor of state shall transfer from the financial institutions tax fund to each county auditor for distribution to the taxing units (as defined in IC 6-1.1-1-21) in the county, an amount equal to fifty percent (50%) of the sum of the distributions under this section for all the taxing units of the county for the state fiscal year. The amount of a taxing unit's distribution for the state fiscal year is equal to the result of:(1) an amount equal to forty percent (40%) of the total financial institutions tax revenue collected during the preceding state fiscal year; multiplied by(2) a fraction equal to:(A) the amount of the guaranteed distributions received by the taxing unit under this chapter during calendar year 2012 (based on the best information available to the department); divided by(B) the total amount of all guaranteed distributions received by all taxing units under this chapter during calendar year 2012 (based on the best information available to the department).(b) The county auditor shall distribute the distributions received under subsection (a) to the taxing units in the county at the same time that the county auditor makes the semiannual distribution of real property taxes to the taxing units.(c) The distributions received under subsection (a) may be used for any legal purpose.As added by P.L.347-1989(ss), SEC.1. Amended by P.L.21-1990, SEC.32; P.L.61-1991, SEC.5; P.L.68-1991, SEC.16; P.L.273-1999, SEC.58; P.L.90-2002, SEC.303; P.L.192-2002(ss), SEC.129; P.L.146-2008, SEC.351; P.L.205-2013, SEC.125; P.L.38-2021, SEC.47.
IN Code § 6-5.5-8-3 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 8. Financial Institutions Tax Fund|6-5.5-8-3. Procedure for Making Semiannual Distributions to Counties

Sec. 3. (a) Before April 15 and October 15 of each year, the auditor of state shall determine the amount of the next semiannual distribution under section 2 of this chapter for counties. The amounts determined by the auditor of state shall be based on the best information available to the department.(b) In order to make the distributions required by this chapter, the auditor of state shall draw warrants on the financial institutions tax fund payable to the county, and the treasurer of state shall pay the warrants.As added by P.L.347-1989(ss), SEC.1. Amended by P.L.21-1990, SEC.33; P.L.205-2013, SEC.126.
IN Code § 6-5.5-8-4 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 8. Financial Institutions Tax Fund|6-5.5-8-4. Appropriation

Sec. 4. There is appropriated from the financial institutions tax fund an amount necessary to make the distributions required by this chapter.As added by P.L.347-1989(ss), SEC.1.
IN Code § 6-5.5-9-1 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 9. Miscellaneous|6-5.5-9-1. Rules

Sec. 1. The department shall adopt rules under IC 4-22-2 to implement this article.As added by P.L.347-1989(ss), SEC.1.
IN Code § 6-5.5-9-2 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 9. Miscellaneous|6-5.5-9-2. Other Provisions Applicable to Ic 6-5.5

Sec. 2. For purposes of administration and enforcement the provisions of IC 6-8.1 that are applicable to a listed tax and an income tax apply to the tax imposed by this article.As added by P.L.347-1989(ss), SEC.1.
IN Code § 6-5.5-9-3 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 9. Miscellaneous|6-5.5-9-3. Effect of Tax Under Ic 6-5.5 Held Inapplicable or Invalid

Sec. 3. If the tax imposed by this article is held inapplicable or invalid with respect to a taxpayer, then notwithstanding the statute of limitations set forth in IC 6-8.1-5-2(a), the taxpayer is liable for the taxes imposed for the taxable periods with respect to which the tax under this article is held inapplicable or invalid.As added by P.L.347-1989(ss), SEC.1. Amended by P.L.21-1990, SEC.34; P.L.192-2002(ss), SEC.130; P.L.1-2003, SEC.48.
IN Code § 6-5.5-9-4 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 9. Miscellaneous|6-5.5-9-4. Exemption From Income Taxes

Sec. 4. (a) A taxpayer who is subject to taxation under this article for a taxable year or part of a taxable year is not, for that taxable year or part of a taxable year, subject to the income taxes imposed by IC 6-3.(b) The exemption provided for the taxes listed in subsection (a) does not apply to a taxpayer to the extent the taxpayer is acting in a fiduciary capacity.As added by P.L.347-1989(ss), SEC.1. Amended by P.L.21-1990, SEC.35; P.L.1-1991, SEC.56; P.L.192-2002(ss), SEC.131.
IN Code § 6-5.5-9-5 (2021)
2021 Indiana Code|Title 6. Taxation|Article 5.5. Taxation of Financial Institutions|Chapter 9. Miscellaneous|6-5.5-9-5. Depositor or Owner of Capital Stock, Share Accounts, Certificates of Indebtedness, or Investment in Taxpayer With Principal Offices in State; Tax Liability

Sec. 5. A depositor or owner of capital stock, capital shares, share accounts, certificates of indebtedness or investment, or comparable investment or interest in a taxpayer with its principal offices in Indiana is not liable for taxation under this article with respect to that interest.As added by P.L.347-1989(ss), SEC.1. Amended by P.L.21-1990, SEC.36.
IN Code § 6-6-1.1-101 (2021)
2021 Indiana Code|Title 6. Taxation|Article 6. Motor Fuel and Vehicle Excise Taxes|Chapter 1.1. Gasoline Tax|6-6-1.1-101. Short Title

Sec. 101. This chapter shall be known and may be cited as the "Gasoline Tax Law."As added by Acts 1979, P.L.79, SEC.1. Amended by Acts 1980, P.L.51, SEC.4.
IN Code § 6-6-1.1-102 (2021)
2021 Indiana Code|Title 6. Taxation|Article 6. Motor Fuel and Vehicle Excise Taxes|Chapter 1.1. Gasoline Tax|6-6-1.1-102. Application of Definitions and Rules of Construction

Sec. 102. The definitions and rules of construction contained in sections 103 and 104 of this chapter apply throughout this chapter unless the context clearly requires otherwise.As added by Acts 1979, P.L.79, SEC.1.
IN Code § 6-6-1.1-104 (2021)
2021 Indiana Code|Title 6. Taxation|Article 6. Motor Fuel and Vehicle Excise Taxes|Chapter 1.1. Gasoline Tax|6-6-1.1-104. Rules of Construction

Sec. 104. (a) Whenever a masculine gender pronoun is used in this chapter, it refers to the masculine, feminine, or neuter, whichever is appropriate.(b) The singular form of any noun as used in this chapter includes the plural, and the plural includes the singular, where appropriate.As added by Acts 1979, P.L.79, SEC.1.
IN Code § 6-6-1.1-105 (2021)
2021 Indiana Code|Title 6. Taxation|Article 6. Motor Fuel and Vehicle Excise Taxes|Chapter 1.1. Gasoline Tax|6-6-1.1-105. Citation to Prior Law

Sec. 105. If a provision of the prior motor fuel or marine fuel tax laws (IC 6-6-1 and IC 6-6-1.5) has been replaced in the same form or in a restated form, by a provision of this chapter, then a citation to the provision of the prior law shall be construed as a citation to the corresponding provision of this chapter.As added by Acts 1979, P.L.79, SEC.1.
IN Code § 6-6-1.1-201 (2021)
2021 Indiana Code|Title 6. Taxation|Article 6. Motor Fuel and Vehicle Excise Taxes|Chapter 1.1. Gasoline Tax|6-6-1.1-201. Rate and Burden of Tax

Sec. 201. (a) A license tax is imposed on the use of all gasoline used in Indiana at the applicable rate specified in subsection (b), except as otherwise provided by this chapter. The distributor shall initially pay the tax on the billed gallonage of all gasoline the distributor receives in this state, less any deductions authorized by this chapter. The distributor shall then add the per gallon amount of tax to the selling price of each gallon of gasoline sold in this state and collected from the purchaser so that the ultimate consumer bears the burden of the tax.(b) The license tax described in subsection (a) is imposed at the following applicable rate per gallon:(1) Before July 1, 2017, eighteen cents ($0.18).(2) For July 1, 2017, through June 30, 2018, the lesser of:(A) the rate resulting from using the factors determined under IC 6-6-1.6-2; or(B) twenty-eight cents ($0.28).(3) Beginning July 1, 2018, and each July 1 through July 1, 2024, the department shall determine an applicable rate equal to the product of:(A) the rate in effect on June 30; multiplied by(B) the factor determined under IC 6-6-1.6-3.The rate shall be rounded to the nearest cent ($0.01). After June 30, 2018, the new applicable rate may not exceed the rate in effect on June 30 plus one cent ($0.01). However, the new rate may not be less than the rate in effect on June 30. If the calculation of a new rate would produce a rate that is less than the rate in effect on June 30, the new rate shall be the rate in effect on June 30. The department shall publish the rate that will take effect on July 1 on the department's Internet web site not later than June 1.As added by Acts 1979, P.L.79, SEC.1. Amended by Acts 1980, P.L.51, SEC.6; Acts 1980, P.L.10, SEC.6; P.L.59-1985, SEC.9; P.L.68-1988, SEC.1; P.L.69-1991, SEC.2; P.L.192-2002(ss), SEC.132; P.L.218-2017, SEC.35; P.L.159-2021, SEC.30.