2014 Idaho Statutes
Title 63 - REVENUE AND TAXATION
Chapter 30 - INCOME TAX
Section 63-3025 - TAX ON CORPORATE INCOME.
(2) In the case of an S corporation that is required to file a return under section 63-3030, Idaho Code, a tax is hereby imposed at the rate provided in subsection (1) of this section upon both:
(3) The tax imposed by subsection (1) or (2) of this section 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.
(4) The tax imposed by this section shall not apply to corporations taxed pursuant to the provisions of section 63-3025A, Idaho Code.
History:
[63-3025, added 1982, ch. 203, sec. 7, p. 533; am. 1983, ch. 221, sec. 1, p. 616; am. 1987, ch. 342, sec. 2, p. 725; am. 1995, ch. 111, sec. 20, p. 347; am. 2001, ch. 386, sec. 3, p. 1352; am. 2007, ch. 14, sec. 1, p. 25; am. 2012, ch. 321, sec. 2, p. 880.]
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.