Idaho Code — Title 63 (Revenue and Taxation)
Idaho Code § 63-3027D
Presumptions and burdens of proof
Official textlegislature.idaho.govlast amended
# (a)
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.
# (b)
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.
Amendment history
63-3027D, added 1986, ch. 342, sec. 1, p. 849.
Source: view the official text
In this chapter (40 sections)
- 63-3022R · certain loss recoveries
- 63-3022S · Income earned on an Indian Reservation
- 63-3022U · deduction for certain charitable contributions
- 63-3022V · deduction for first-time home buyers
- 63-3023 · Transacting business
- 63-3024 · Individuals’ tax and tax on estates and trusts
- 63-3024A · Food tax credits and refunds
- 63-3024B · Idaho tax rebate fund
- 63-3025 · Tax on corporate income
- 63-3025A · Franchise tax
- 63-3025B · Organizations exempt from the tax imposed by this chapter
- 63-3025C · Corporations exempt from minimum tax
- 63-3025D · Payment for dependents sixty-five years of age or older or…
- 63-3026 · Computing Idaho taxable income of resident individuals,…
- 63-3026A · Computing Idaho taxable income of part-year or nonresident…
- 63-3026B · affected business entities — state and local taxation…
- 63-3027 · Computing Idaho taxable income of multistate or unitary…
- 63-3027A · Computing Idaho taxable income of corporations not subject…
- 63-3027B · Water’s-edge election
- 63-3027C · Election is binding — Treatment of dividends
- 63-3027D · Presumptions and burdens of proof
- 63-3027E · Operative dates
- 63-3029 · Credit for income taxes paid another state
- 63-3029A · Income tax credit for charitable contributions — Limitation
- 63-3029B · Income tax credit for capital investment
- 63-3029C · Income tax credit for certain charitable contributions —…
- 63-3029D · Tax credit for qualified equipment utilizing postconsumer…
- 63-3029F · claim of right income repayment adjustments
- 63-3029G · Credits for research activities conducted in this state —…
- 63-3029I · Income tax credit for investment in broadband equipment
- 63-3029K · Tax credit for live organ donation expenses
- 63-3029L · child TAX CREDIT
- 63-3029M · income tax credit for employer contributions to idaho…
- 63-3029N · IDAHO PARENTAL CHOICE TAX CREDIT
- 63-3029P · Priority of credits
- 63-3030 · Persons required to make returns of income
- 63-3030A · Mandate to compel return
- 63-3031 · Joint returns
- 63-3032 · Time for filing income tax returns
- 63-3033 · Extension of time