GroundRules
15-31-118: Taxable liability on termination of independent liability fund.
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
If an independent liability fund established pursuant to Title 33, chapter 27, is terminated as provided in 33-27-119, the income from the principal distributed pursuant to 33-27-119(3) is taxable to that person or persons under the applicable provisions of this chapter.
Collected 2026-09-14T04:47:22Z. Source file · JSON