Ind. Admin. Code tit. 45, § 2.2-5-50 - Selling at Retail; Gross Income

Current as of January 1, 1970

45 Iac 2.2-5-50 - Selling at Retail; Gross Income45 Iac 2.2-5-50 - Selling at Retail; Gross Income

45 Iac 2.2-5-49 - Sales to the United States 45 Iac 2.2-5-51 - United States Retailer's and Manufacturer's Excise Taxes

45 IAC 2.2-5-50 Selling at retail; gross income

Authority: IC 6-8.1-3-3

Affected: IC 6-2.5

Sec. 50. The state gross retail tax shall not apply to such part of the gross income from transactions constituting selling at retail which is excise tax imposed under Section 4081 of the Internal Revenue Code.

(Department of State Revenue; Ch. 5, Reg. 6-2.5-5-24(a)(030); filed Dec 1, 1982, 10:35 am: 6 IR 50)

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