Indiana § 6-3.1-24-6 Credit; eligibility

Indiana Statutes

§ 6-3.1-24-6 — Credit; eligibility

Indiana § 6-3.1-24-6

Art. 3.1STATE TAX LIABILITY CREDITS

Ch. 24Venture Capital Investment Tax Credit

This text of Indiana § 6-3.1-24-6 (Credit; eligibility) 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 § 6-3.1-24-6 (2026).

Text

A taxpayer that:

(1)provides qualified investment capital to a qualified Indiana business or a qualified Indiana investment fund; and

(2)fulfills the requirements of the Indiana economic development corporation under section 12.5 of this chapter; is entitled to a credit against the taxpayer's state tax liability in a taxable year equal to the amount specified in section 8 or 8.5 of this chapter, whichever is applicable.

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A taxpayer that:
(1) provides qualified investment capital to a qualified Indiana
business or a qualified Indiana investment fund; and
(2) fulfills the requirements of the Indiana economic development
corporation under section 12.5 of this chapter;
is entitled to a credit against the taxpayer's state tax liability in a
taxable year equal to the amount specified in section 8 or 8.5 of this
chapter, whichever is applicable.