CHAPTER 64:26:02

ADMINISTRATION OF PROGRAM

Section

64:26:02:01 to 64:26:02:03    Repealed.

64:26:02:04                           Federal income tax return to be submitted with state return.

64:26:02:05                           Supplementary return required upon subsequent increase in income -- Exception if increase results from departmental adjustment.

64:26:02:06                           Supplementary return permitted upon subsequent decrease in income  -- Exception if decrease results from departmental adjustment.

64:26:02:07                           Consolidated returns.

64:26:02:08                           Exclusion of factors.

64:26:02:09                           Separate accounting -- When taxpayer may petition for.

64:26:02:10                           Separate accounting -- When secretary may require.

64:26:02:11                           Certain corporations not in the business of making loans.

64:26:02:12                           Apportionment of bank franchise tax revenues among counties.

          Declaratory Ruling: An audit for disallowed deductions may only be made within two years from the date a financial corporation's franchise tax return was filed. An audit for income which was omitted from a return, or for a return which was not filed, may be made within five years from the date the return was due. Secretary of Revenue Declaratory Ruling No. 77-24.