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Senate Bill 0413


 

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Senate Bill 0413

ARCHIVE (2004)

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DIGEST OF INTRODUCED BILL

Tax deduction for sale of Indiana businesses. Provides an adjusted gross income tax deduction for income derived from the sale of an ownership interest in a high growth Indiana business held for at least one year by certain Indiana taxpayers. Specifies that the maximum deduction amount is $5,000,000.
    Current Status:
     In Committee - first House
    >Latest Printing > (PDF)