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  2. Taxation in Indiana - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_Indiana

    2007 sources of Indiana's revenue. Taxes in Indiana are almost entirely authorized at the state level, although the revenue is used to fund both local and state level government. The state of Indiana's income comes from four primary tax areas. Most state level income is from a sales tax of 7% and a flat state income tax of 3.05%. The state also ...

  3. Sales taxes in the United States - Wikipedia

    en.wikipedia.org/wiki/Sales_taxes_in_the_United...

    Nearly all jurisdictions provide numerous categories of goods and services that are exempt from sales tax, or taxed at reduced rates. The purchase of goods for further manufacture or for resale is uniformly exempt from sales tax. Most jurisdictions exempt food sold in grocery stores, prescription medications, and many agricultural supplies.

  4. Tax exemption - Wikipedia

    en.wikipedia.org/wiki/Tax_exemption

    Tax exemption is the reduction or removal of a liability to make a compulsory payment that would otherwise be imposed by a ruling power upon persons, property, income, or transactions. Tax-exempt status may provide complete relief from taxes, reduced rates, or tax on only a portion of items.

  5. Wind power in Indiana - Wikipedia

    en.wikipedia.org/wiki/Wind_power_in_Indiana

    The sales tax incentive states that the equipment used to produce renewable electricity are eligible for a sales tax exemption. The state of Indiana also implemented a voluntary Clean Energy Portfolio Standard (CPS) in May 2011. The CPS set a goal for the state to have 10% of its electric generation come from clean energy by 2025. [27]

  6. Indiana National Guardsmen get tax exemption with 2023 returns

    www.aol.com/indiana-national-guardsmen-tax...

    A state law — House Bill 1034 — is in effect and, according to a news release from the Indiana National Guard, the tax exemption applies to the traditional weekend Hoosier Guardsmen, the dual ...

  7. Sales tax - Wikipedia

    en.wikipedia.org/wiki/Sales_tax

    Wholesale sales tax, a tax on sales of wholesale of tangible personal property when in a form packaged and labeled ready for shipment or delivery to final users and consumers; Retail sales tax, a tax on sales of retail of tangible personal property to final consumers and industrial users [3] Gross receipts taxes, levied on all sales of a ...

  8. Streamlined Sales Tax Project - Wikipedia

    en.wikipedia.org/wiki/Streamlined_Sales_Tax_Project

    The Streamlined Sales Tax Project (SSTP), first organized in March 2000, is intended to simplify and modernize sales and use tax collection and administration in the United States. It arose in response to efforts by Congress to permanently prohibit states from collecting sales tax on online commerce.

  9. Indiana Estate Tax - AOL

    www.aol.com/news/indiana-estate-tax-173134342.html

    Indiana does not levy an estate tax. Residents of the state may still have to pay the federal estate tax, though, if their estates are worth enough. This guide is for Hoosiers who are starting to ...

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