Sec. 8. If the corporation certifies a taxpayer under section 7(c) of this chapter, the taxpayer is entitled to a tax credit under this chapter equal to:

(1) the amount of the taxpayer’s qualified production expenses; multiplied by

Terms Used In Indiana Code 6-3.1-36-8

  • corporation: refers to the Indiana economic development corporation established by IC 5-28-3-1. See Indiana Code 6-3.1-36-1
  • 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.
  • qualified production expenses: means expenses incurred by a qualified applicant for a qualified media production. See Indiana Code 6-3.1-36-4
  • taxpayer: means a qualified applicant that has any state tax liability. See Indiana Code 6-3.1-36-6
(2) a percentage determined by the corporation, not to exceed thirty percent (30%).

As added by P.L.135-2022, SEC.19.

  Previous section
Next section  
 Chapter 36 Contents