Indiana Statutes
§ 6-3-2-16 — Transactions between taxable entity and unitary taxpayer subject to IC 6-5.5
Indiana § 6-3-2-16
This text of Indiana § 6-3-2-16 (Transactions between taxable entity and unitary taxpayer subject to IC 6-5.5) 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 § 6-3-2-16 (2026).
Text
If an entity is subject to taxation under this
article and is a member of a unitary group of which a taxpayer subject
to taxation under IC 6-5.5 is a member, all income and deductions
attributable to transactions between the entity and the unitary taxpayer
shall be eliminated in determining the amount of tax imposed under
this article. This section does not prohibit the elimination of income
and deductions between two (2) or more entities that are not members
of a unitary group.
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Legislative History
As added by P.L.1-1990, SEC.77.
Nearby Sections
15
§ 6-1.1-1-1
Applicability§ 6-1.1-1-1.5
"Assessing official"§ 6-1.1-1-10
"Person"§ 6-1.1-1-11
"Personal property"§ 6-1.1-1-12
"Political subdivision"§ 6-1.1-1-13
Repealed§ 6-1.1-1-14
"Property taxation"§ 6-1.1-1-15
"Real property"§ 6-1.1-1-16
"School corporation"§ 6-1.1-1-17
"Special assessment"§ 6-1.1-1-18
"State agency"§ 6-1.1-1-19
"Tangible property"§ 6-1.1-1-2
"Assessment date"§ 6-1.1-1-20
"Taxing district"§ 6-1.1-1-21
"Taxing unit"Cite This Page — Counsel Stack
Bluebook (online)
Indiana § 6-3-2-16, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/6-3-2-16.