Title 57 — Taxation
108 chapters · 1,217 sections in this title.
N.D.C.C. § 57-39.5-01 Definitions
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Words used in this chapter have the same meaning as provided in chapter 57-39.2. As used in this chapter: 1. "Attachment unit" means any part or combination of parts having an independent function, other than farm machinery repair parts, which when attached or affixed to farm mac…
N.D.C.C. § 57-39.5-01.1 Trade-in deduction
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1. When tangible personal property is taken in trade or in a series of trades as a credit or partial payment of a retail sale or lease agreement which is taxable under this chapter, if the tangible personal property traded in will be subject to gross receipts taxes imposed by thi…
N.D.C.C. § 57-39.5-02 Imposition - Transfer of funds - Exemptions
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There is imposed a tax of three percent upon the gross receipts of retailers from all sales at retail, including the leasing or renting, of farm machinery or irrigation equipment used exclusively for agricultural purposes. After July first of each year, five hundred thousand doll…
N.D.C.C. § 57-39.5-03 Replacement of insured machinery credit
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When new farm machinery is purchased as a replacement for machinery on which the insurant has previously paid the gross receipts, sales, or use tax and which was stolen or totally destroyed, a credit or trade-in credit is allowed against one or more replacement purchases in a cum…
N.D.C.C. § 57-39.5-04 Administration
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The provisions of chapter 57-39.2 pertaining to administration of the retail sales tax, including provisions for refund, credits, retailer compensation, or adoption of rules, not in conflict with this chapter or federal law, govern the administration of the gross receipts tax imp…
N.D.C.C. § 57-39.5-05 Use tax and credit for taxes paid
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1. A person who receives farm machinery for storage, use, or consumption in this state is subject to tax on storage, use, or consumption of that farm machinery at the rate imposed under section 57-39.5-02. 2. A person subject to taxes under subsection 1 who has paid taxes to anot…
N.D.C.C. § 57-39.5-06 Payment of tax under lease agreement
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At the time of entering a lease agreement for new farm machinery or irrigation equipment subject to taxes under this chapter, the lessor shall: 1. Pay the taxes imposed under this chapter on the purchase price of the equipment that was purchased for the purpose of leasing; 2. On …