§ 36-7-31.3-13 — Allocation provision adoption; notice; district business information

Indiana § 36-7-31.3-13

• Jurisdiction: Indiana
• Title 36: LOCAL GOVERNMENT
• Art. 7: PLANNING AND DEVELOPMENT
• Ch. 31.3: Professional Sports Development Area

Text

(a) When the designating body adopts an
allocation provision, the county auditor shall notify the department by
certified mail of the adoption of the provision and shall include with
the notification a complete list of the following:
(1) Employers in the tax area.
(2) Street names and the range of street numbers of each street in
the tax area.
The county auditor shall update the list before July 1 of each year.
(b) Taxpayers operating in the district shall report annually, in the
manner and in the form prescribed by the department, information that
the department determines necessary to calculate the salary, wages,
bonuses, and other compensation that are:
(1) paid during a taxable year to a professional athlete for
professional athletic services;
(2) taxable in Indiana; and
(3) earned in the district.
(c) A taxpayer operating in the district that files a consolidated tax
return with the department also shall file annually an informational
return with the department for each business location of the taxpayer
within the district.
(d) If a taxpayer fails to report the information required by this
section or file an informational return required by this section, the
department shall use the best information available in calculating the
amount of covered taxes attributable to a taxable event in a tax area or
covered taxes from income earned in a tax area.

Legislative History

As added by P.L.255-1997(ss), SEC.20. Amended by P.L.178-2002, SEC.129; P.L.261-2013, SEC.46.