Idaho Code § 63-3027D

Presumptions and burdens of proof

Known as the Idaho Income Tax Act

The act spans §§ 63–63 (179 sections).

I.C., § 63-3027D, as added by 1986, ch. 342, § 1, p. 846.

(1) A qualified taxpayer and its affiliates shall be presumed to be a part of a unitary business and all income of that business shall be presumed to be apportionable business income if a valid water’s-edge election has been made, except as provided in subsections (c) and (d) of section 63-3027C, Idaho Code.

(2) A taxpayer shall have the burden of proof regarding the issue of whether or not a corporation is a member of a water’s-edge combined group.

Current official text: Idaho Statutes (Idaho Legislature). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Idaho statutes; confirm against the official source for the current text. Not legal advice.