N.D.C.C. § 57-38-30 — Imposition and rate of tax on corporations

A tax is hereby imposed upon the taxable income of every domestic and foreign corporation
which must be levied, collected, and paid annually as in this chapter provided:
1. For the first twenty -five thousand dollars of taxable income, at the rate of one and
forty-one hundredths percent.
2. On all taxable income exceeding twenty -five thousand dollars and not exceeding fifty
thousand dollars, at the rate of three and fifty-five hundredths percent.
3. On all taxable income exceeding fifty thousand dollars, at the rate of four and
thirty-one hundredths percent.
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