IC 6-2.5-5-47 — Coins, bullion, and legal tender
Chapter 5. Exempt Transactions of Retail Merchant
Bills amending this section
Section text
Sec. 47. Transactions involving the sale of or the lease or rental of storage for: (1) coins that are permitted investments by an individual retirement account or by an individually-directed account under 26 U.S.C. 408(m); (2) bullion that would be a permitted investment by an individual retirement account or by an individually-directed account under 26 U.S.C. 408(m) if the bullion was in the physical possession of a trustee; or (3) legal tender; are exempt from the state gross retail tax.
As added by P.L.195-2016, SEC.1. Amended by P.L.239-2017, SEC.9.
Source: official publisher (2026 edition)