Indiana Exempts… Labels
- May 8, 2015 | Gail Cole
In Indiana, recently enacted legislation creates a sales tax exemption for certain labels. That’s right. Labels.
Under House Bill 1271, which took effect May 4, 2015:
“Transactions involving labels are exempt from the state gross retail tax if:
- The labels will be affixed to other tangible personal property being sold by a retail merchant; and
- The person acquiring the labels is required to affix the labels to the other tangible personal property for the purpose of complying with any state or federal statute or regulation."
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