North Dakota Statutes
§ 57-38-30 — Imposition and rate of tax on corporations
North Dakota § 57-38-30
This text of North Dakota § 57-38-30 (Imposition and rate of tax on corporations) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.D. Cent. Code § 57-38-30 (2026).
Text
2.The distributed and undistributed taxable income of an electing small business
corporation for federal and state income tax purposes derived from or connected with
sources in this state does constitute income derived from sources within this state for a
nonresident person who is a shareholder of such a corporation, and a net operating
loss of such corporation derived from or connected with sources in this state does
constitute a loss or deduction connected with sources in this state for such a
nonresident individual.
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Related
Hamich, Inc. v. State Ex Rel. Clayburgh
1997 ND 110 (North Dakota Supreme Court, 1997)
Nearby Sections
15
§ 57-01-01
Bond of tax commissioner§ 57-01-02.1
Tax collection agreements with home rule cities or counties - Limitations on city or county authority§ 57-01-03
Office of commissioner§ 57-01-04
Salary§ 57-01-05
State supervisor of assessments§ 57-01-06.1
Statement of legislative intent concerning use of sales, market, and productivity studies§ 57-01-10
Tax manuals - Distribution§ 57-01-11
Assessment of or determination of additional tax liability by tax commissioner - Hearing - Appeal§ 57-01-12
Approval of refunds by tax commissionerCite This Page — Counsel Stack
Bluebook (online)
North Dakota § 57-38-30, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/57-38-30.