GroundRules
N.D. Cent. Code § 57-38.1-11: Property owned and rented
Where this section sits in the code
- Title 57 Taxation
- Chapter 57-38.1 Uniform Division Of Income Tax Act
Property owned by the taxpayer is valued at its original cost. Property rented by the taxpayer is valued at eight times the net annual rental rate. Net annual rental rate is the annual rental rate paid by the taxpayer less any annual rental rate received by the taxpayer from subrentals.
Collected 2026-09-02T21:04:14Z. Source file · JSON