GroundRules
IC 6-5.5-4-7: Fee income and other receipts from letters of credit, acceptance of drafts, and other guarantees of credit; apportionment
Where this section sits in the code
- TITLE 6. TAXATION
- ARTICLE 5.5. TAXATION OF FINANCIAL INSTITUTIONS
- Chapter 4. Rules for Attributing Receipts
Sec. 7. Fee income and other receipts from letters of credit, acceptance of drafts, and other devices for assuring or guaranteeing loans or credit must be apportioned in the same manner as interest income and other receipts from commercial loans are apportioned.
Collected 2026-09-09T01:51:39Z. Source file · JSON