Sec. 15. (a) When the commission adopts an allocation provision, the commission shall notify the department by certified mail of the adoption of the provision and shall include with the notification a complete list of the following:

(1) Employers in the tax area.

Terms Used In Indiana Code 36-7-31-15

  • commission: refers to the metropolitan development commission acting as the redevelopment commission of a consolidated city. See Indiana Code 36-7-31-5
  • covered taxes: means the following:

    Indiana Code 36-7-31-6

  • department: refers to the department of state revenue. See Indiana Code 36-7-31-7
  • tax area: means a geographic area established by a commission as a professional sports development area under section 14 of this chapter. See Indiana Code 36-7-31-8
  • taxpayer: means a person that is liable for a covered tax. See Indiana Code 36-7-31-9
  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
(2) Street names and the range of street numbers of each street in the tax area.

The commission shall update the list before July 1 of each year.

     (b) Taxpayers operating in the district shall report annually, in the manner and in the form prescribed by the department, information that the department determines necessary to calculate the salary, wages, bonuses, and other compensation that are:

(1) paid during a taxable year to a professional athlete for professional athletic services;

(2) taxable in Indiana; and

(3) earned in the district.

     (c) A taxpayer operating in the district that files a consolidated tax return with the department also shall file annually an informational return with the department for each business location of the taxpayer within the district.

     (d) If a taxpayer fails to report the information required by this section or file an informational return required by this section, the department shall use the best information available in calculating the amount of covered taxes attributable to a taxable event in a tax area or covered taxes from income earned in a tax area.

As added by P.L.255-1997(ss), SEC.19. Amended by P.L.261-2013, SEC.45.

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