GroundRules
15-31-115: Reaffirmation of bond income inclusion in definition of net income for corporate income tax purposes.
Where this section sits in the code
- TITLE 15. TAXATION
- CHAPTER 31. CORPORATE INCOME TAX OR ALTERNATIVE CORPORATE INCOME TAX
- Part 1. Corporate Income Tax Rate and Return
Notwithstanding the provisions of any other law, the income from bonds or other obligations issued by any state or political subdivision of a state are included in gross and net income for purposes of the corporate income tax.
Collected 2026-09-14T04:47:22Z. Source file · JSON