North Dakota Code 57-38.4-04 – Presumptions and burden of proof
Current as of: 2023 | Check for updates
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A taxpayer and its affiliates are presumed to be a part of a unitary business and all income of that business is presumed to be apportionable business income except as otherwise provided in this chapter. A taxpayer has the burden of proof regarding the issue of whether or not a corporation is a member of a water’s edge combined group.
Terms Used In North Dakota Code 57-38.4-04
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.