45 IAC 3.1-1-51
45 IAC 3.1-1-51 Denominator of sales factor
Cite as Ind. Admin. Code tit. 45, r. 3.1-1-51
Sec. 51. Denominator of Sales Factor. The denominator of the sales factor includes all gross receipts from the taxpayer's sales, except as
noted in Regulation 6-3-2-2(l)(010) [45 IAC 3.1-1-62]. The denominator shall not include sales made between members of an
affiliated group filing consolidated returns under IC 6-3-4-14.