IC 6-3.1-45-7: Credit for qualified investment; amount of credit
Where this section sits in the code
- TITLE 6. TAXATION
- ARTICLE 3.1. STATE TAX LIABILITY CREDITS
- Chapter 45. Small Modular Nuclear Reactor Manufacturing Expense Tax Credit
Sec. 7. A taxpayer is entitled to a credit against the taxpayer's state tax liability in the taxable year in which the taxpayer makes a qualified investment. The amount of the credit provided by this section is equal to twenty percent (20%) of the amount of the taxpayer's qualified investment.
Collected 2026-09-09T01:51:39Z. Source file · JSON