45 IAC 2.2-5-50

45 IAC 2.2-5-50 Selling at retail; gross income

Last amended: 1982Year: 2027Length: 36 wordsOfficial source

Cite as Ind. Admin. Code tit. 45, r. 2.2-5-50

Sec. 50. The state gross retail tax shall not apply to such part of the gross income from transactions constituting selling at retail which is excise tax imposed under Section 4081 of the Internal Revenue Code.
45 IAC 2.2-5-50: 45 IAC 2.2-5-50 Selling at retail; gross income | Justis AI