IC 6-8-15-5: Nonprofit agricultural organization health coverage tax; election to be subject to adjusted gross income tax

Sec. 5. If an organization provides nonprofit agricultural organization coverage in Indiana, the organization is subject to a nonprofit agricultural organization health coverage tax under this chapter unless the organization:

(1) files a notice of election with the insurance commissioner and the commissioner of the department on or before November 30 of a taxable year; and

(2) states in the notice of election that the organization elects to be subject to the tax imposed under IC 6-3-1 through IC 6-3-7 for the taxable year.