Indiana Statutes

§ 36-7-27-8 — "Incremental income tax"

Indiana·Title 36 LOCAL GOVERNMENT·Art. 7 PLANNING AND DEVELOPMENT·Ch. 27 Economic Development Tax Area

As used in this chapter, "incremental income tax" means the remainder of:

(1)the aggregate amount of covered local income taxes paid by employees employed in a tax area with respect to wages earned for work in the tax area for a particular state fiscal year; minus
(2)the base period amount.

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Indiana § 36-7-27-8 ("Incremental income tax") — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

As added by P.L.27-1992, SEC.28.

Nearby Sections

15
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