Denominator of sales factor

Authority: IC 6-8.1-3-3

Affected: IC 6-3-2-2 ; IC 6-3-4-14

Sec. 51. Denominator of Sales Factor. The denominator of the sales factor includes all gross receipts from the taxpayer's sales, except as noted in Regulation 6-3-2-2(l)(010) [ 45 IAC 3.1-1-62 ] . The denominator shall not include sales made between members of an affiliated group filing consolidated returns under IC 6-3-4-14 .