Indiana Code 6-3.1-13-7. “Pass through entity”
Current as of: 2023 | Check for updates
|
Other versions
Sec. 7. As used in this chapter, “pass through entity” means a:
(2) partnership;
(1) corporation that is exempt from the adjusted gross income tax under IC 6-3-2-2.8(2);
Terms Used In Indiana Code 6-3.1-13-7
- 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.
(3) trust;
(4) limited liability company; or
(5) limited liability partnership.
As added by P.L.41-1994, SEC.1. Amended by P.L.81-2004, SEC.13.