Indiana § 5-28-26-6 "Income tax incremental amount"

Indiana Statutes

§ 5-28-26-6 — "Income tax incremental amount"

Indiana § 5-28-26-6

Title 5STATE AND LOCAL ADMINISTRATION

Art. 28INDIANA ECONOMIC DEVELOPMENT

Ch. 26Global Commerce Center Pilot Program

This text of Indiana § 5-28-26-6 ("Income tax incremental amount") is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 5-28-26-6 (2026).

Text

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

(1)the total amount of local income tax (IC 6-3.6) paid by employees employed in the territory comprising the global commerce center with respect to wages and salary earned for work in the territory comprising the global commerce center for a particular state fiscal year; minus

(2)the income tax base period amount; as determined by the department of state revenue.

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As used in this chapter, "income tax
incremental amount" means the remainder of:
(1) the total amount of local income tax (IC 6-3.6) paid by
employees employed in the territory comprising the global
commerce center with respect to wages and salary earned for
work in the territory comprising the global commerce center for
a particular state fiscal year; minus
(2) the income tax base period amount;
as determined by the department of state revenue.