Sec. 5. Interest income and other receipts from consumer loans not secured by real or tangible personal property must be attributed to Indiana if the loan is made to a resident of Indiana, whether at a place of business, by a traveling loan officer, by mail, by telephone, or by other electronic means.
As added by P.L.347-1989(ss), SEC.1.
Structure Indiana Code
Article 5.5. Taxation of Financial Institutions
Chapter 4. Rules for Attributing Receipts
6-5.5-4-1. Application of Chapter
6-5.5-4-3. Lease or Rental of Real or Tangible Personal Property
6-5.5-4-4. Secured Loans or Installment Sales Contracts; Interest Income and Other Receipts
6-5.5-4-5. Unsecured Consumer Loans; Interest Income and Other Receipts
6-5.5-4-8. Credit Cards; Apportionment of Service Charges, Interest Income, and Fees
6-5.5-4-9. Receipts From Sale of Assets; Apportionment
6-5.5-4-10. Receipts From Performance of Fiduciary and Other Services; Apportionment
6-5.5-4-11. Receipts From Traveler's Checks, Money Orders, or Savings Bonds
6-5.5-4-12. Receipts From Investments of Financial Institution in State Securities
6-5.5-4-13. Participation Loans; Apportionment of Interest Income and Other Receipts