HB 1296 Summary

• Establishes that broadcaster sales from film or radio programming distribution are in Indiana if the customer's commercial domicile is located in Indiana.

• Allows Indiana to claim a portion of broadcaster sales to out-of-state customers whose home states do not impose income tax on those sales, apportioned using an audience factor based on listener, viewer, subscriber, or purchaser location.

• Defines "broadcaster" to include television or radio stations licensed by the FCC, broadcast networks, cable program networks, and television distribution companies, but excludes cable service providers and direct broadcast satellite systems.

• Includes within scope advertising income and licensing income from distributing film or radio programming.

• Effective for taxable years beginning after December 31, 2013.