US Laws, Codes, Statutes & Cases

                                  TITLE  63
                             REVENUE AND TAXATION
                                  CHAPTER 30
                                  INCOME TAX
    63-3025.  TAX ON CORPORATE INCOME. For taxable years commencing on and
after January 1, 2001, a tax is hereby imposed on the Idaho taxable income of
a corporation which transacts or is authorized to transact business in this
state or which has income attributable to this state. The tax shall be equal
to seven and six-tenths percent (7.6%) of Idaho taxable income; provided,
however, that the tax shall not be less than twenty dollars ($20.00); provided
further that the twenty dollar ($20.00) minimum payment shall not be collected
from nonproductive mining corporations. The tax imposed by this section shall
not apply to corporations taxed pursuant to the provisions of section
63-3025A, Idaho Code.