Indiana § 6-6-15-3 Imposition of the heavy equipment rental excise tax; rate of tax;
collection

Indiana Statutes

§ 6-6-15-3 — Imposition of the heavy equipment rental excise tax; rate of tax; collection

Indiana·Art. 6 MOTOR FUEL AND VEHICLE EXCISE TAXES·Ch. 15 Heavy Equipment Rental Excise Tax

(a)An excise tax, known as the heavy equipment rental excise tax, is imposed upon the rental of heavy rental equipment from a retail merchant in Indiana and received from the retail merchant in Indiana. Equipment rented from a location outside Indiana is exempt from the excise tax.

(b)The heavy equipment rental excise tax imposed under this chapter is two and twenty-five hundredths percent (2.25%) of the gross retail income received by the retail merchant for the rental.

(c)A retail merchant subject to the heavy equipment rental excise tax is required to collect and remit the excise tax on all rentals of tangible personal property.

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(a) An excise tax, known as the heavy
equipment rental excise tax, is imposed upon the rental of heavy rental
equipment from a retail merchant in Indiana and received from the
retail merchant in Indiana. Equipment rented from a location outside
Indiana is exempt from the excise tax.
(b) The heavy equipment rental excise tax imposed under this
chapter is two and twenty-five hundredths percent (2.25%) of the gross
retail income received by the retail merchant for the rental.
(c) A retail merchant subject to the heavy equipment rental excise
tax is required to collect and remit the excise tax on all rentals of
tangible personal property.

Indiana § 6-6-15-3 (Imposition of the heavy equipment rental excise tax; rate of tax; collection) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.