North Dakota Statutes
§ 57-38.5-05 — Seed capital investment tax credit limits
North Dakota § 57-38.5-05
This text of North Dakota § 57-38.5-05 (Seed capital investment tax credit limits) 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 § 57-38.5-05 (2026).
Text
The aggregate amount of seed capital investment tax credit allowed for investments under
this chapter is limited to three million five hundred thousand dollars for each calendar year. If
investments in qualified businesses reported to the commissioner under section 57-38.5-07
exceed the limits on tax credits for investments imposed by this section, the credit must be
allowed to taxpayers in the chronological order of their investments in qualified businesses as
determined from the forms filed under section 57-38.5-07.
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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 § 57-38.5-05, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/57-38.5-05.