Discontinuance, sale, or transfer of distributor's business; accrued tax liabilities due and payable

Ind. Code § 6-6-1.1-513
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
Sec. 513. Notwithstanding any other provision of this chapter, any tax, penalty, and interest which have accrued under this chapter are due and payable at the time a distributor discontinues, sells, or transfers his business. The distributor shall file a report and pay any tax, penalty, and interest within ten (10) days after the discontinuance, sale, or transfer. As added by Acts 1979, P.L.79, SEC.1.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/6Fetched: 10/17/2026

Starting a business in Indiana? Indiana LLC guide: costs and requirements