Sec. 2. As used in this chapter:

(1) “Agreement” means the Streamlined Sales and Use Tax Agreement.

Terms Used In Indiana Code 6-2.5-11-2

  • Agreement: means the Streamlined Sales and Use Tax Agreement. See Indiana Code 6-2.5-11-2
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Fiduciary: A trustee, executor, or administrator.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Person: means an individual, a trust, an estate, a fiduciary, a partnership, a limited liability company, a limited liability partnership, a corporation, or any other legal entity. See Indiana Code 6-2.5-11-2
  • Sales tax: means the state gross retail tax levied under Indiana Code 6-2.5-11-2
  • Seller: means any person making sales, leases, or rentals of personal property or services. See Indiana Code 6-2.5-11-2
  • State: means any state of the United States and the District of Columbia. See Indiana Code 6-2.5-11-2
  • United States: includes the District of Columbia and the commonwealths, possessions, states in free association with the United States, and the territories. See Indiana Code 1-1-4-5
  • Use tax: means the use tax levied under Indiana Code 6-2.5-11-2
(2) “Certified automated system” means software certified jointly by the states that are signatories to the agreement to calculate the tax imposed by each jurisdiction on a transaction, to determine the amount of tax to remit to the appropriate state, and to maintain a record of the transaction.

(3) “Certified service provider” means an agent certified jointly by the states that are signatories to the agreement to perform all of the seller‘s sales tax functions.

(4) “Person” means an individual, a trust, an estate, a fiduciary, a partnership, a limited liability company, a limited liability partnership, a corporation, or any other legal entity.

(5) “Sales tax” means the state gross retail tax levied under IC 6-2.5.

(6) “Seller” means any person making sales, leases, or rentals of personal property or services.

(7) “State” means any state of the United States and the District of Columbia.

(8) “Use tax” means the use tax levied under IC 6-2.5.

As added by P.L.107-2001, SEC.1.

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