"Income Tax Incremental Amount"

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  2. Indiana Code
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  5. Motorsports Investment District Credits
  6. "Income Tax Incremental Amount"

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Sec. 8. As used in this chapter, "income tax incremental amount" means the remainder of:

(1) the aggregate amount of state adjusted gross income taxes paid or remitted during a calendar year with respect to income earned or attributable to the taxpayer's activities in the district; minus

(2) the income tax base period amount.

As added by P.L.233-2013, SEC.4. Amended by P.L.190-2014, SEC.4.


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