{"data":{"id":"us-in/ic-6-2.5-6-16","jurisdiction":"us-in","citation":"IC 6-2.5-6-16","heading":"Refund for research and development equipment","body":"Sec. 16. (a) As used in this section, \"research and development equipment\" has the meaning set forth in IC 6-2.5-5-40.\n(b) A person is entitled to a refund equal to fifty percent (50%) of the gross retail tax paid by the person under this article in a retail transaction occurring after June 30, 2005, and before July 1, 2007, to acquire research and development equipment.\n(c) To receive the refund provided by this section, a person must claim the refund under IC 6-8.1-9 in the manner prescribed by the department.","path":["TITLE 6. TAXATION","ARTICLE 2.5. STATE GROSS RETAIL AND USE TAXES","Chapter 6. Returns, Remittances, and Refunds"],"source_url":"https://iga.in.gov/ic/2026/Title_6.html#6-2.5-6-16","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-09T01:51:39Z","sha256":"7b8a377bad756b01dd21195d7dbf0f8641495a10ee39bdcd32c9f99a37c02e15","source_id":"us-in","stale":false,"prev":"us-in/ic-6-2.5-6-15","next":"us-in/ic-6-2.5-6-17"},"notice":"GroundRules: Original legal text. Not legal advice."}