79-32,285.

250 words·~1 min read·/ks/chapter-79/79-32-260

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

79-32,285. Definitions. As used in K.S.A. 2025 Supp. 79-32,284 through 79-32,289 , and amendments thereto, unless the context otherwise requires:

(a)"Act" means the provisions of K.S.A. 2025 Supp. 79-32,284 through 79-32,289 , and amendments thereto.

(b)"C corporation" means a corporation other than an S corporation.

(c)"Electing pass-through entity" means, with respect to a taxable period, an S corporation or partnership that has made the election under K.S.A. 2025 Supp. 79-32,286 , and amendments thereto, with respect to the taxable period.

(d)"Electing pass-through entity owner" means, with respect to an S corporation, a shareholder of the S corporation and, with respect to a partnership, a partner in the partnership, except that a partner does not include a C corporation.

(e)"Income attributable to the state" means, with respect to an S corporation or partnership, the portion of the items of income, gain, loss or deduction of the S corporation or partnership apportioned or allocated to this state in accordance with the provisions of K.S.A. 79-3271 through 79-3293b , and amendments thereto.

(f)"Income not attributable to the state" means all items of income, gain, loss or deduction of an electing pass-through entity other than income attributable to the state.

(g)"S corporation" means a corporation having an election in effect under subchapter S of the federal internal revenue code.

(h)"Taxable period" means any taxable year or portion of a taxable year during which a corporation is an S corporation or a noncorporate entity is a partnership.