Indiana DOR Issues Revised Income Tax Bulletin on Pass-Through Entity Tax

The Indiana Department of Revenue (DOR) issued a revised income tax information bulletin regarding the pass-through entity tax (PTET). The bulletin: 1) reflects the allowance for credits against PTET; 2) provides that employee stock option plans and governments exempt from federal income tax are not permitted owners for PTET purposes; 3) provides for updated income tax rates in the examples; and 4) updates the implementation date and rules for the revised calculation of income to 2026. [Ind. Dep’t of Revenue, Income Tax Information Bulletin 72B, 07/01/25]

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