Indiana Statutes
§ 6-3-4-11 — Partnerships not subject to tax
Indiana § 6-3-4-11
This text of Indiana § 6-3-4-11 (Partnerships not subject to tax) 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 § 6-3-4-11 (2026).
Text
(a)A partnership as such shall not be subject
to the adjusted gross income tax imposed by IC 6-3-1 through IC 6-3-7,
except to the extent the partnership is an electing entity (as defined in
IC 6-3-2.1-2) or the partnership has made an election to be taxed at the
partnership level under IC 6-3-4.5. Persons or corporations carrying on
business as partners shall be liable for the adjusted gross income tax
only in their separate or individual capacities. In determining each
partner's adjusted gross income, such partner shall take into account his
or its distributive share of the adjustments provided for in IC 6-3-1-3.5.
(b)The adjustments provided for in IC 6-3-1-3.5 shall be allowed
for the taxable year of the partner within or with which the partnership's
taxable year ends.
Formerly: Acts
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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Repealed§ 6-1.1-1-14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 § 6-3-4-11, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/6-3-4-11.