12-1,103a.Same; tax situs.
(a) Gross earnings derived from money, notes and other evidence of debt
which is received or receivable by any individual arising out of, or
acquired in the conduct of, business transacted by such person in this
state shall be presumed to have been received or receivable at the
individual's place of domicile within this state or, if there is no such
place of domicile, then at the place or places at which any of the money,
notes or other evidence of debt of the individual have acquired a situs
within this state.
(b) Gross earnings derived from money, notes and other evidence of debt
which is received or receivable by any firm, association or corporation
arising out of, or acquired in the conduct of, business transacted by such
firm, association or corporation in this state shall be presumed to have
been received or receivable at the principal business office of such firm,
association or corporation located within this state or, if there is no
such office, then at the place or places at which any of the money, notes
or other evidence of debt of the firm, association or corporation have
acquired a situs within this state.
(c) The presumption created in subsections (a) and (b) may be rebutted
by substantial evidence that the person, firm, association or corporation
otherwise entitled to receive the gross earnings from money, notes or other
evidence of debt has relinquished possession and control over such money,
notes or other evidence of debt and the gross earnings therefrom, and that
the money, notes or other evidence of debt and the gross earnings therefrom
have been localized at, and integrated with the business of, some location
in this state other than that specified in subsection (a) or (b).
12-1,103a.Same; tax situs.
(a) Gross earnings derived from money, notes and other evidence of debt
which is received or receivable by any individual arising out of, or
acquired in the conduct of, business transacted by such person in this
state shall be presumed to have been received or receivable at the
individual's place of domicile within this state or, if there is no such
place of domicile, then at the place or places at which any of the money,
notes or other evidence of debt of the individual have acquired a situs
within this state.
(b) Gross earnings derived from money, notes and other evidence of debt
which is received or receivable by any firm, association or corporation
arising out of, or acquired in the conduct of, business transacted by such
firm, association or corporation in this state shall be presumed to have
been received or receivable at the principal business office of such firm,
association or corporation located within this state or, if there is no
such office, then at the place or places at which any of the money, notes
or other evidence of debt of the firm, association or corporation have
acquired a situs within this state.
(c) The presumption created in subsections (a) and (b) may be rebutted
by substantial evidence that the person, firm, association or corporation
otherwise entitled to receive the gross earnings from money, notes or other
evidence of debt has relinquished possession and control over such money,
notes or other evidence of debt and the gross earnings therefrom, and that
the money, notes or other evidence of debt and the gross earnings therefrom
have been localized at, and integrated with the business of, some location
in this state other than that specified in subsection (a) or (b).
12-1,103a.Same; tax situs.
(a) Gross earnings derived from money, notes and other evidence of debt
which is received or receivable by any individual arising out of, or
acquired in the conduct of, business transacted by such person in this
state shall be presumed to have been received or receivable at the
individual's place of domicile within this state or, if there is no such
place of domicile, then at the place or places at which any of the money,
notes or other evidence of debt of the individual have acquired a situs
within this state.
(b) Gross earnings derived from money, notes and other evidence of debt
which is received or receivable by any firm, association or corporation
arising out of, or acquired in the conduct of, business transacted by such
firm, association or corporation in this state shall be presumed to have
been received or receivable at the principal business office of such firm,
association or corporation located within this state or, if there is no
such office, then at the place or places at which any of the money, notes
or other evidence of debt of the firm, association or corporation have
acquired a situs within this state.
(c) The presumption created in subsections (a) and (b) may be rebutted
by substantial evidence that the person, firm, association or corporation
otherwise entitled to receive the gross earnings from money, notes or other
evidence of debt has relinquished possession and control over such money,
notes or other evidence of debt and the gross earnings therefrom, and that
the money, notes or other evidence of debt and the gross earnings therefrom
have been localized at, and integrated with the business of, some location
in this state other than that specified in subsection (a) or (b).