45 IAC 2.2-5-67

45 IAC 2.2-5-67 Income from sale of mobile home or industrialized residential structure; exemption

Last amended: 1982Year: 2027Length: 67 wordsOfficial source

Cite as Ind. Admin. Code tit. 45, r. 2.2-5-67

Sec. 67. (a) Thirty-five percent (35%) of the gross retail income derived from the sale of a "mobile home" or "industrialized residential structure" is not subject to the gross retail tax. (b) Thirty-five percent (35%) of the gross retail income derived from the sale of a "mobile home" or "industrialized residential structure" is attributable to costs other than the cost of materials used in manufacturing such structures.
45 IAC 2.2-5-67: 45 IAC 2.2-5-67 Income from sale of mobile home or industrialized residential structure; exemption | Justis AI