Indiana § 6-3.1-36-9 Pass through entity; shareholder, partner, or member

Indiana Statutes

§ 6-3.1-36-9 — Pass through entity; shareholder, partner, or member

Indiana § 6-3.1-36-9

Art. 3.1STATE TAX LIABILITY CREDITS

Ch. 36Film and Media Production Tax Credit

This text of Indiana § 6-3.1-36-9 (Pass through entity; shareholder, partner, or member) 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 § 6-3.1-36-9 (2026).

Text

If a pass through entity is entitled to a credit under section 8 of this chapter but does not have state tax liability against which the tax credit may be applied, a shareholder, partner, member, or beneficiary of the pass through entity is entitled to a tax credit equal to:

(1)the tax credit determined for the pass through entity for the taxable year; multiplied by

(2)the percentage of the pass through entity's distributive income to which the shareholder, partner, member, or beneficiary is entitled.

Free access — add to your briefcase to read the full text and ask questions with AI

If a pass through entity is entitled to a credit
under section 8 of this chapter but does not have state tax liability
against which the tax credit may be applied, a shareholder, partner,
member, or beneficiary of the pass through entity is entitled to a tax
credit equal to:
(1) the tax credit determined for the pass through entity for the
taxable year; multiplied by
(2) the percentage of the pass through entity's distributive income
to which the shareholder, partner, member, or beneficiary is
entitled.