Indiana Code
Chapter 9. Miscellaneous
6-5.5-9-4. Exemption From Income Taxes

Sec. 4. (a) A taxpayer who is subject to taxation under this article for a taxable year or part of a taxable year is not, for that taxable year or part of a taxable year, subject to the income taxes imposed by IC 6-3.
(b) The exemption provided for the taxes listed in subsection (a) does not apply to a taxpayer to the extent the taxpayer is acting in a fiduciary capacity.
As added by P.L.347-1989(ss), SEC.1. Amended by P.L.21-1990, SEC.35; P.L.1-1991, SEC.56; P.L.192-2002(ss), SEC.131.

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Structure Indiana Code

Indiana Code

Title 6. Taxation

Article 5.5. Taxation of Financial Institutions

Chapter 9. Miscellaneous

6-5.5-9-1. Rules

6-5.5-9-2. Other Provisions Applicable to Ic 6-5.5

6-5.5-9-3. Effect of Tax Under Ic 6-5.5 Held Inapplicable or Invalid

6-5.5-9-4. Exemption From Income Taxes

6-5.5-9-5. Depositor or Owner of Capital Stock, Share Accounts, Certificates of Indebtedness, or Investment in Taxpayer With Principal Offices in State; Tax Liability