IC 6-3.1-39.5-7 — "Taxpayer"
Chapter 39.5. Employer Child Care Expenditure Credits
Bills amending this section
Section text
Sec. 7. As used in this chapter, "taxpayer" means any person, corporation, limited liability company, partnership, or other entity that has any state tax liability and employs five hundred (500) individuals or less. The term includes a pass through entity. However, the term does not include a taxpayer who is in the business of operating a child care facility prior to making qualified expenditures.
As added by P.L.201-2023, SEC.103. Amended by P.L.58-2026, SEC.4.
Source: official publisher (2026 edition)