CHAPTER 31. CORPORATION LICENSE OR INCOME TAX
- Part 1. Corporation License Tax Rate and Return
- 15-31-101. Organizations subject to tax.
- 15-31-102. Organizations exempt from tax -- unrelated business income not exempt.
- 15-31-103. Research and development firms exempt from taxation -- application.
- 15-31-104. through reserved.
- 15-31-111. Return to be filed -- penalty and interest.
- 15-31-112. Taxable period.
- 15-31-113. Gross income and net income.
- 15-31-114. Deductions allowed in computing income.
- 15-31-115. Reaffirmation of bond income inclusion in definition of net income for corporation license tax purposes.
- 15-31-116. Repealed.
- 15-31-117. Tax deductibility.
- 15-31-118. Taxable liability on termination of independent liability fund.
- 15-31-119. Net operating losses -- carryovers and carrybacks.
- 15-31-120. reserved.
- 15-31-121. Rate of tax -- minimum tax -- distribution of revenue.
- 15-31-122. Alternative gross sales tax.
- 15-31-123. Repealed.
- 15-31-124. New or expanded industry credit -- definitions.
- 15-31-125. Determination of tax credit.
- 15-31-126. Limitation.
- 15-31-127. Department duties.
- 15-31-128. and reserved.
- 15-31-130. Tax credit for health insurance premiums paid -- eligible small employers -- corporations.
- 15-31-131. Credit for dependent care assistance and referral services.
- 15-31-132. Tax credit for providing disability insurance for employees.
- 15-31-133. Credit for day-care facilities.
- 15-31-134. Empowerment zone new employees -- tax credit.
- 15-31-135. Contribution by small business corporation.
- 15-31-136. Contribution by partnership.
- 15-31-137. Small business corporation and partnership credit for alternative fuel conversion.
- 15-31-138. through reserved.
- 15-31-141. Consolidated returns -- computation and procedure -- penalty and interest.
- 15-31-142. Reports upon merger of corporations.
- 15-31-143. Return and payment on corporate dissolution.
- 15-31-144. through reserved.
- 15-31-150. Credit for research expenses and research payments.
- 15-31-151. Credit for preservation of historic buildings.
- 15-31-152. Repealed.
- 15-31-153. through reserved.
- 15-31-161. Credit for contribution by corporations to qualified endowment -- recapture of credit -- deduction included as income.
- 15-31-162. Small business corporation, partnership, and limited liability company credit for contribution to qualified endowment -- recapture of credit -- deduction included as income.
- 15-31-163. Capital gain exclusion from sale of mobile home park.
- 15-31-164. through reserved.
- 15-31-170. Terminated.
- 15-31-171. Tax credit for providing temporary emergency lodging.
- 15-31-172. Small business corporation -- deduction for donation of computer equipment to schools.
- Part 2. Small Business Corporations (Renumbered and Repealed)
- Part 3. Allocation and Apportionment of Income
- 15-31-301. Corporations subject to allocation and apportionment.
- 15-31-302. Definitions.
- 15-31-303. When taxable in another state.
- 15-31-304. Allocation of nonbusiness income.
- 15-31-305. Apportionment of business income.
- 15-31-306. Definition of property factor.
- 15-31-307. Values used for property factor.
- 15-31-308. Definition of payroll factor.
- 15-31-309. Payroll factor for compensation in this state.
- 15-31-310. Definition of sales factor.
- 15-31-311. Sales factor for sales in this state.
- 15-31-312. Apportionment formula -- unitary business provisions.
- 15-31-313. Rules.
- 15-31-314. through reserved.
- 15-31-321. Definitions.
- 15-31-322. Water's-edge election -- inclusion of tax havens.
- 15-31-323. Apportionment factors -- inclusion of tax havens.
- 15-31-324. Water's-edge election period -- consent -- change of election.
- 15-31-325. Treatment of dividends.
- 15-31-326. Domestic disclosure spreadsheet -- inclusion of tax havens.
- Part 4. Corporation Income Tax
- 15-31-401. Application of license and income taxes.
- 15-31-402. Short title -- administration of part.
- 15-31-403. Rate of tax imposed -- income from sources within state defined -- alternative tax.
- 15-31-404. Offset for license taxes -- income tax collected considered license tax.
- 15-31-405. Information return -- period for assessment of tax.
- 15-31-406. License tax sections incorporated by reference.
- 15-31-407. Employment of personnel -- rules.
- 15-31-408. Repealed.
- Part 5. Administration and Collection
- 15-31-501. Department rules -- conformance with Internal Revenue Code.
- 15-31-502. Assessment and payment of tax -- estimated tax payment -- amount of required installments.
- 15-31-503. Deficiency assessment -- notice -- penalty and interest.
- 15-31-504. Estimated tax on failure to file.
- 15-31-505. Subpoenas -- investigation of income, and shifting.
- 15-31-506. Copy of federal return required -- report of amended federal return.
- 15-31-507. Repealed.
- 15-31-508. Repealed.
- 15-31-509. Periods of limitation.
- 15-31-510. Estimated payments -- tax returns -- penalty and interest.
- 15-31-511. Confidentiality of tax records.
- 15-31-512. through reserved.
- 15-31-521. Closing agreements.
- 15-31-522. When immediate payment demanded.
- 15-31-523. Suspension or forfeiture on delinquency.
- 15-31-524. Reviver of corporation after suspension or forfeiture.
- 15-31-525. Levy upon and sale of property.
- 15-31-526. Action by attorney general.
- 15-31-527. Repealed.
- 15-31-528. through reserved.
- 15-31-531. Credit for overpayment -- interest on overpayment.
- 15-31-532. Application for refund -- appeal from denial.
- 15-31-533. through reserved.
- 15-31-541. Site of failure to act -- evidence.
- 15-31-542. Repealed.
- 15-31-543. Forfeiture of right to engage in business -- penalties.
- 15-31-544. Action on false or fraudulent return.
- 15-31-545. Repealed.
- 15-31-546. through reserved.
- 15-31-551. Certified copies of corporation license tax returns to taxpayer -- fee.
- 15-31-552. Corporation license dissolution or withdrawal certificates and tax clearance certificates furnished.
- 15-31-553. Fees to reimburse department for costs -- deposit in general fund.
- 15-31-554. Returns to which sections apply.
- Part 6. Lists of Corporations
- Part 7. Bank, Moneyed Capital, and Shares Exempt
- Part 8. Foreign Capital Depository -- Assessment (Repealed)
- Part 9. Movie and TV Industries and Related Media -- Tax Incentives
- 15-31-901. Short title.
- 15-31-902. Purpose.
- 15-31-903. Definitions.
- 15-31-904. Application for state certification -- approval -- revocation -- eligibility for tax credits -- rules.
- 15-31-905. Submission of costs.
- 15-31-906. Application for tax credit -- fee.
- 15-31-907. Employment production tax credit.
- 15-31-908. Tax credit for qualified expenditures.
- 15-31-909. Repealed.
- 15-31-910. Denial of claim for credit -- recapture.
- 15-31-911. Rules.