North Dakota Statutes

§ 57-38.1-06 — Property - Capital gains and losses

North Dakota § 57-38.1-06
JurisdictionNorth Dakota
Title 57Taxation
Ch. 57-38.1Uniform Division of Income Tax Act

This text of North Dakota § 57-38.1-06 (Property - Capital gains and losses) 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 § 57-38.1-06 (2026).

Text

1.Capital gains and losses from sales of real property located in this state are allocable to this state.
2.Capital gains and losses from sales of tangible personal property are allocable to this state if:
a.The property had a situs in this state at the time of the sale; or
b.The taxpayer's commercial domicile is in this state and the taxpayer is not taxable in the state in which the property had a situs.
3.Capital gains and losses from sales of intangible personal property are allocable to this state if the taxpayer's commercial domicile is in this state.

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Bluebook (online)
North Dakota § 57-38.1-06, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/57-38.1-06.