Indiana § 6-8-12-3 Tax exemption; exceptions

Indiana Statutes

§ 6-8-12-3 — Tax exemption; exceptions

Indiana·Art. 8 MISCELLANEOUS·Ch. 12 Eligible Event; Exemption From Taxation

(a)Except as provided in subsections (b) and

(c), all property owned by an eligible entity, revenues of an eligible entity, and expenditures and transactions of an eligible entity:

(1)in connection with an eligible event; and

(2)resulting from holding an eligible event in Indiana or making preparatory advance visits to Indiana in connection with an eligible event; are exempt from taxation in Indiana for all purposes.

(b)Salaries and wages paid to employees of the National Collegiate Athletic Association and its affiliates that are ordinarily subject to taxation under:

(1)IC 6-3-1 through IC 6-3-7; and

(2)IC 6-3.6; are subject to income taxation regardless of whether the salaries and wages are paid in connection with an eligible event, holding an eligible event in Indiana, or making a

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(a) Except as provided in subsections (b) and
(c), all property owned by an eligible entity, revenues of an eligible
entity, and expenditures and transactions of an eligible entity:
(1) in connection with an eligible event; and
(2) resulting from holding an eligible event in Indiana or making
preparatory advance visits to Indiana in connection with an
eligible event;
are exempt from taxation in Indiana for all purposes.
(b) Salaries and wages paid to employees of the National Collegiate
Athletic Association and its affiliates that are ordinarily subject to
taxation under:
(1) IC 6-3-1 through IC 6-3-7; and
(2) IC 6-3.6;
are subject to income taxation regardless of whether the salaries and
wages are paid in connection with an eligible event, holding an eligible
event in Indiana, or making a preparatory advance visit to Indiana in
connection with an eligible event.
(c) Salaries and wages paid to employees of an eligible entity
described in section 1(a)(3) or 1(a)(4) of this chapter that are ordinarily
subject to taxation under:
(1) IC 6-3-1 through IC 6-3-7; and
(2) IC 6-3.6;
are subject to income taxation regardless of whether the salaries and
wages are paid in connection with an eligible event, holding an eligible
event in Indiana, or making a preparatory advance visit to Indiana in
connection with an eligible event.

Indiana § 6-8-12-3 (Tax exemption; exceptions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

As added by P.L.211-2007, SEC.39; P.L.234-2007, SEC.42. Amended by P.L.131-2008, SEC.26; P.L.197-2016, SEC.73; P.L.239-2017, SEC.22; P.L.13-2025, SEC.3.