§ 6-6-16-2 — Imposition of tax; tax rate

Indiana § 6-6-16-2

• Jurisdiction: Indiana
• Art. 6: MOTOR FUEL AND VEHICLE EXCISE TAXES
• Ch. 16: Vehicle Sharing Excise Tax

Text

(a) An excise tax, known as the vehicle sharing
excise tax, is imposed upon the sharing of passenger motor vehicles
and trucks in Indiana for periods of less than thirty (30) days.
(b) The vehicle sharing excise tax imposed upon the sharing of a
passenger motor vehicle or truck equals:
(1) the gross retail income received by the retail merchant for the
sharing of the passenger motor vehicle or truck; multiplied by
(2) two percent (2%).
(c) The gross retail income from each transaction under this section
is the total amount of consideration paid by the shared vehicle driver,
including the payment of any fee, commission, or other charge by the
peer to peer vehicle sharing program, except that it does not include
any taxes on such a transaction.

Legislative History

As added by P.L.108-2019, SEC.128.