10-43-42.1. Administration of chapter by secretary of revenue--Promulgation of rules.
73 words·~1 min read·
/sd/title-10/chapter-10-43/10-43-42-1·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The provisions of this chapter shall be administered by the secretary of revenue and the secretary may promulgate rules, pursuant to chapter 1-26 , concerning:
(1)The procedure for filing tax returns and payment of the tax;
(2)The type of accounting to be used;
(3)The definition and deductibility of net federal income taxes;
(4)The application of the tax and exemptions; and
(5)The records to be retained by the taxpayer.