3-4-8.(b) A qualified organization's adjusted gross revenue is an amount equal to the difference between:(1) the qualified organization's total gross revenue; minus(2) any amount deducted under IC 4-32.3-5-3(b)(5) for the preceding activity.(c) For purposes of determining adjusted gross revenue under subsection (b), a qualified organization must aggregate:(1) the gross revenue from all activities by the qualified organization's Indiana affiliates under the qualified organization's annual affiliate license in a particular year; and(2) the deductions taken with respect to the activities described in subsection (b) by all of the qualified organization's Indiana affiliates in particular year.As added by P.L.58-2019, SEC.4.
Indiana Legal Code