63-3702. OPTIONAL REPORTING FOR SALES. Every multistate taxpayer as defined in said Compact and required to file a return in Idaho whose only activities within Idaho consist of sales and which does not own or rent real estate or tangible personal property and whose dollar volume of gross sales made during the tax year within this state is not in excess of the dollar volume prescribed in article III, section 2, of the Multistate Tax Compact may elect to report its income and pay tax to the state of Idaho at the rate of one per cent (1%) of such dollar volume.
History:
[63-3702, added 1967, ch. 316, sec. 2, p. 928; am. 1969, ch. 301, sec. 1, p. 901.]
Structure Idaho Code
Title 63 - REVENUE AND TAXATION
Chapter 37 - INTERSTATE COMPACT
Section 63-3701 - MULTISTATE TAX COMPACT ENACTED.
Section 63-3702 - OPTIONAL REPORTING FOR SALES.
Section 63-3703 - APPOINTMENT TO THE MULTISTATE TAX COMMISSION.
Section 63-3704 - MULTISTATE TAX COMMISSION — DESIGNATION OF ALTERNATE.
Section 63-3705 - ATTORNEY GENERAL OR DESIGNEE TO BE NONVOTING MEMBER.
Section 63-3706 - MULTISTATE TAX COMPACT ADVISORY COMMITTEE — COMPOSITION — MEETINGS — PURPOSE.
Section 63-3707 - INTERSTATE AUDITS PARTICIPATION — LIMITATION.
Section 63-3708 - SHARING OF TAX INFORMATION.
Section 63-3709 - MULTISTATE TAX COMPACT ACCOUNT — CREATION — APPROPRIATIONS.