Indiana § 6-8.1-10-14 Deposit of penalties and interest for certain taxes

Indiana Statutes

§ 6-8.1-10-14 — Deposit of penalties and interest for certain taxes

Indiana·Art. 8.1 DEPARTMENT OF STATE REVENUE; TAX·Ch. 10 Penalties and Interest

(a)Except as otherwise provided in this section or by the provisions of a listed tax, any penalties and interest resulting from a listed tax shall be deposited as if it were the listed tax to which the penalty and interest are associated.

(b)In the case of penalties or interest paid with regard to a tax imposed under IC 6-3.5-1.1 (before its repeal), IC 6-3.5-6 (before its repeal), IC 6-3.5-7 (before its repeal), or IC 6-3.6 (local income tax), the penalties and interest shall be deposited in the state general fund.

(c)In the case of penalties or interest associated with the late payment of a tax imposed under IC 6-6-9, IC 6-6-9.5, IC 6-6-9.7, or IC 6-6-16, or the taxes imposed under IC 6-9 by local units, penalties and interest shall be distributed to the appropriate local unit and sha

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(a) Except as otherwise provided in this
section or by the provisions of a listed tax, any penalties and interest
resulting from a listed tax shall be deposited as if it were the listed tax
to which the penalty and interest are associated.
(b) In the case of penalties or interest paid with regard to a tax
imposed under IC 6-3.5-1.1 (before its repeal), IC 6-3.5-6 (before its
repeal), IC 6-3.5-7 (before its repeal), or IC 6-3.6 (local income tax),
the penalties and interest shall be deposited in the state general fund.
(c) In the case of penalties or interest associated with the late
payment of a tax imposed under IC 6-6-9, IC 6-6-9.5, IC 6-6-9.7, or IC 6-6-16, or the taxes imposed under IC 6-9 by local units, penalties and
interest shall be distributed to the appropriate local unit and shall be
distributed, spent, or otherwise managed in the same manner as the
underlying tax.
(d) Amounts collected under IC 6-8.1-10-5 shall be deposited in the
state general fund.

Indiana § 6-8.1-10-14 (Deposit of penalties and interest for certain taxes) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.