Indiana § 6-2.5-6-10 Tax liability; merchant's collection allowance

Indiana Statutes

§ 6-2.5-6-10 — Tax liability; merchant's collection allowance

Indiana § 6-2.5-6-10

Art. 2.5STATE GROSS RETAIL AND USE TAXES

Ch. 6Returns, Remittances, and Refunds

This text of Indiana § 6-2.5-6-10 (Tax liability; merchant's collection allowance) 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 § 6-2.5-6-10 (2026).

Text

(a)In order to compensate retail merchants and those required to remit gasoline use tax for collecting and timely remitting the state gross retail tax, the state use tax, and the gasoline use tax, every retail merchant or person required to remit the gasoline use tax, except as provided in subsection (c), is entitled to deduct and retain from the amount of those taxes otherwise required to be remitted under IC 6-2.5-3.5 or under this chapter, if timely remitted, a retail merchant's collection allowance.

(b)The allowance equals a percentage of the retail merchant's state gross retail and use tax or the person's gasoline use tax liability accrued during a calendar year, specified as follows:

(1)Seventy-three hundredths percent (0.73%), if the retail merchant's state gross retail and use t

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(a) In order to compensate retail merchants
and those required to remit gasoline use tax for collecting and timely
remitting the state gross retail tax, the state use tax, and the gasoline
use tax, every retail merchant or person required to remit the gasoline
use tax, except as provided in subsection (c), is entitled to deduct and
retain from the amount of those taxes otherwise required to be remitted
under IC 6-2.5-3.5 or under this chapter, if timely remitted, a retail
merchant's collection allowance.
(b) The allowance equals a percentage of the retail merchant's state
gross retail and use tax or the person's gasoline use tax liability accrued
during a calendar year, specified as follows:
(1) Seventy-three hundredths percent (0.73%), if the retail
merchant's state gross retail and use tax or gasoline use tax
liability accrued during the state fiscal year ending on June 30 of
the immediately preceding calendar year did not exceed sixty
thousand dollars ($60,000).
(2) Fifty-three hundredths percent (0.53%), if the retail merchant's
state gross retail and use tax or gasoline use tax liability accrued
during the state fiscal year ending on June 30 of the immediately
preceding calendar year:
(A) was greater than sixty thousand dollars ($60,000); and
(B) did not exceed six hundred thousand dollars ($600,000).
(3) Twenty-six hundredths percent (0.26%), if the retail
merchant's state gross retail and use tax liability or the person's
gasoline use tax accrued during the state fiscal year ending on
June 30 of the immediately preceding calendar year was greater
than six hundred thousand dollars ($600,000).
(c) A retail merchant described in IC 6-2.5-4-5 or IC 6-2.5-4-6 is not
entitled to the allowance provided by this section. A retail merchant is
not entitled to the allowance provided by this section with respect to
gasoline use taxes imposed by IC 6-2.5-3.5.
As added by Acts 1980, P.L.52, SEC.1. Amended by
P.L.71-1993, SEC.10; P.L.28-1997, SEC.12; P.L.192-2002(ss),
SEC.62; P.L.211-2007, SEC.18; P.L.146-2008, SEC.313;
P.L.227-2013, SEC.3; P.L.218-2017, SEC.3.