Indiana Code § 6-3.1-18-11

Tax credit available only in year paid
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Sec. 11. A tax credit shall be allowable under this chapter only for the taxable year of the taxpayer in which the contribution qualifying for the credit is paid.   IC 6-3.1-19 Chapter 19. Community Revitalization Enhancement District Tax Credit               6-3.1-19-1 "State and local tax liability"             6-3.1-19-1.5 "Pass through entity"             6-3.1-19-2 "Qualified investment"             6-3.1-19-2.5 "Taxpayer"             6-3.1-19-3 Entitlement to credit; amount; assignment             6-3.1-19-4 Credit carryover; carryback or refund unavailable             6-3.1-19-5 Ineligibility for credit to extent of reduction or cessation of operations in Indiana; eligibility determinations; criteria; appeals             6-3.1-19-5.5 Repealed             6-3.1-19-6 Method of claiming credit; submission of information             6-3.1-19-7 Credit subject to annual aggregate credit limit

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