§ 6-8.1-1-4.5 — "Periodic tax"

Indiana § 6-8.1-1-4.5

• Jurisdiction: Indiana
• Art. 8.1: DEPARTMENT OF STATE REVENUE; TAX
• Ch. 1: Definitions and Applicability

Text

5. "Periodic tax" means a listed tax for which
a return or report is required to be filed and the tax is required to be
remitted four (4) times or more in a calendar year. The term does not
include:
(1) an estimated tax payment under IC 6-3-2.1-6, IC 6-3-4-4.1, IC 6-3-4-4.2, or IC 6-5.5-6-3; or
(2) a withholding payment required to be remitted quarterly under
IC 6-3-4-12, IC 6-3-4-13, or IC 6-3-4-15.
For purposes of this section, if a provision of the law relating to a listed
tax permits a taxpayer to file returns or reports or remit the tax less
frequently than four (4) times per calendar year, the listed tax is
considered a periodic tax for a taxpayer who files or remits less
frequently. The term includes a tax imposed on a purchaser if the
purchaser fails to remit a periodic tax to a retail merchant.

Legislative History

As added by P.L.118-2024, SEC.18. Amended by P.L.205-2025, SEC.21.