Indiana § 5-34-3-1 Determination of income tax liability compared to base year

Indiana Statutes

§ 5-34-3-1 — Determination of income tax liability compared to base year

Indiana·Title 5 STATE AND LOCAL ADMINISTRATION·Art. 34 INDIANA CAREER ACCELERATOR FUND·Ch. 3 Financial Assistance

For each individual who receives a financial assistance award from the fund, the department shall, in each of the ten

(10)taxable years following the taxable year in which the individual graduates from the qualified education program, determine the difference between the individual's base year state income tax liability and the amount of state income tax liability the individual paid in that particular taxable year.

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For each individual who receives a financial
assistance award from the fund, the department shall, in each of the ten
(10) taxable years following the taxable year in which the individual
graduates from the qualified education program, determine the
difference between the individual's base year state income tax liability
and the amount of state income tax liability the individual paid in that
particular taxable year.

Indiana § 5-34-3-1 (Determination of income tax liability compared to base year) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.