Indiana § 6-3.1-10-10 Program expiration; treatment of credit carryovers

Indiana Statutes

§ 6-3.1-10-10 — Program expiration; treatment of credit carryovers

Indiana·Art. 3.1 STATE TAX LIABILITY CREDITS·Ch. 10 Enterprise Zone Investment Cost Credit

(a)Notwithstanding any other law and except as provided in subsection (b), a taxpayer is entitled to receive a credit under this chapter only for a qualified investment made before January 1, 2018.

(b)A taxpayer is entitled to receive a credit for a qualified investment made after December 31, 2017, and before January 1, 2028, if the qualified investment is approved by the Indiana economic development corporation before January 1, 2018.

(c)This section may not be construed to prevent a taxpayer from carrying an unused tax credit attributable to a qualified investment made before January 1, 2018, or made as provided in subsection (b) forward to a taxable year beginning after December 31, 2017, and before January 1, 2028, in the manner provided by section 7 of this chapter.

(d)This chapt

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(a) Notwithstanding any other law and
except as provided in subsection (b), a taxpayer is entitled to receive a
credit under this chapter only for a qualified investment made before
January 1, 2018.
(b) A taxpayer is entitled to receive a credit for a qualified
investment made after December 31, 2017, and before January 1, 2028,
if the qualified investment is approved by the Indiana economic
development corporation before January 1, 2018.
(c) This section may not be construed to prevent a taxpayer from
carrying an unused tax credit attributable to a qualified investment
made before January 1, 2018, or made as provided in subsection (b)
forward to a taxable year beginning after December 31, 2017, and
before January 1, 2028, in the manner provided by section 7 of this
chapter.
(d) This chapter expires January 1, 2028.

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