§ 6-9-49-5

25%); and(2) may not exceed one percent (1%);of the gross retail income received by the merchant from the food or beverage transaction described in section 4 of this chapter. For purposes of this chapter, the gross retail income received by the retail merchant from a transaction does not include the amount of tax imposed on the transaction under IC 6-2.5.As added by P.L.290-2019, SEC.12.