2005 Idaho Code - 63-3025 — TAX ON CORPORATE INCOME

                                  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.

Disclaimer: These codes may not be the most recent version. Idaho may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.