Indiana § 6-3.1-30-16 Noncompliance with agreement; assessments

Indiana Statutes

§ 6-3.1-30-16 — Noncompliance with agreement; assessments

Indiana § 6-3.1-30-16

Art. 3.1STATE TAX LIABILITY CREDITS

Ch. 30Headquarters Relocation Tax Credit

This text of Indiana § 6-3.1-30-16 (Noncompliance with agreement; assessments) 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 § 6-3.1-30-16 (2026).

Text

(a)If the corporation determines that a taxpayer who has claimed a credit under this chapter is not entitled to the credit because of the taxpayer's noncompliance with the requirements of the tax credit agreement or any of the provisions of this chapter, the corporation shall, after giving the taxpayer an opportunity to explain the noncompliance:

(1)notify the department of the noncompliance; and

(2)request the department to impose an assessment on the taxpayer in an amount that may not exceed the sum of any previously allowed credits under this chapter together with interest and penalties required or permitted by law.

(b)The department shall impose an assessment on a taxpayer if requested by the corporation under subsection (a), unless the assessment is unsupported by law.

(c)Notwith

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(a) If the corporation determines that a
taxpayer who has claimed a credit under this chapter is not entitled to
the credit because of the taxpayer's noncompliance with the
requirements of the tax credit agreement or any of the provisions of this
chapter, the corporation shall, after giving the taxpayer an opportunity
to explain the noncompliance:
(1) notify the department of the noncompliance; and
(2) request the department to impose an assessment on the
taxpayer in an amount that may not exceed the sum of any
previously allowed credits under this chapter together with
interest and penalties required or permitted by law.
(b) The department shall impose an assessment on a taxpayer if
requested by the corporation under subsection (a), unless the
assessment is unsupported by law.
(c) Notwithstanding the provisions of IC 6-8.1-5-2, an assessment
is considered timely if the department issues a proposed assessment:
(1) not later than one hundred eighty (180) days from the date the
department is notified of the noncompliance; or
(2) the date on which the proposed assessment could otherwise be
issued in a timely manner under IC 6-8.1-5-2;
whichever is later.