™Your Policy Risk Impact Agent
108 chapters · 1,110 sections in this title.
N.D.C.C. § 57-38.6-01 Definitions
2.0K chars
As used in this chapter, unless the context otherwise requires: 1. "Agricultural commodity processing facility" means: a. A facility that through processing involving the employment of knowledge and labor adds value to an agricultural commodity capable of being raised in this sta…
N.D.C.C. § 57-38.6-02 Certification - Investment reporting by qualified businesses
1.1K chars
1. The director shall certify whether a business that has requested to become a qualified business meets the requirements of subsection 5 of section 57-38.6-01. The director shall establish the necessary forms and procedures for certifying qualified businesses. 2. A qualified bus…
N.D.C.C. § 57-38.6-03 Agricultural business investment tax credit
4.7K chars
If a taxpayer makes a qualified investment in a qualified business, the taxpayer is entitled to a credit against state income tax liability as determined under section 57-38-30 or 57-38-30.3. 1. The amount of the credit to which a taxpayer is entitled is thirty percent of the amo…
N.D.C.C. § 57-38.6-04 Taxable year for agricultural business investment tax credit
0.2K chars
The tax credit under section 57-38.6-03 accrues to the taxpayer for the taxable year in which the investment in the qualified business was received by the qualified business.
