Idaho Administrative Code
Title IDAPA 35 - Tax Commission, State
Rule 35.01.01 - INCOME TAX ADMINISTRATIVE RULES
Section 35.01.01.580 - SPECIAL RULES: SPECIAL INDUSTRIES
Universal Citation: ID Admin Code 35.01.01.580
Current through August 31, 2023
Section 63-3027(18), Idaho Code
01. Adoption of MTC Special Industry Regulations. This rule incorporates by reference the MTC special industry regulations as adopted in Subsection 003.01 of these rules. Copies of the MTC special industry regulations may also be obtained from the main office of the Idaho State Tax Commission. The following special industries are to apportion income in accordance with the applicable MTC regulation: (4-6-23)
a. Construction Contractors. The
apportionment of income derived by a long-term construction contractor is to be
computed in accordance with MTC Regulation IV.18.(d). as adopted July 10, 1980;
(4-6-23)
b. Airlines. The
apportionment of income derived by an airline is to be computed in accordance
with MTC Regulation IV.18.(e). as adopted July 14, 1983; (4-6-23)
c. Railroads. The apportionment of income
derived by a railroad is to be computed in accordance with MTC Regulation
IV.18.(f). as adopted July 16, 1981; (4-6-23)
d. Trucking Companies. The apportionment of
income derived by motor common carriers, motor contract carriers, or express
carriers that primarily transport tangible personal property of others is to be
computed in accordance with MTC Regulation IV.18.(g). as amended July 27, 1989,
for taxable years beginning on or after January 1, 1997. (4-6-23)
e. Television and Radio Broadcasting. The
apportionment of income derived from television and radio broadcasting is to be
computed in accordance with MTC Regulation IV.18.(h). as amended April 25,
1996, for taxable years beginning on or after January 1, 1995.
(4-6-23)
f. Publishing. The
apportionment of income derived from the publishing, sale, licensing or other
distribution of books, newspapers, magazines, periodicals, trade journals or
other printed material is to be computed in accordance with MTC Regulation
IV.18.(j). as adopted July 30, 1993, for taxable years beginning on or after
January 1, 1995. (4-6-23)
g.
Financial Institutions. See Rule
582 of these rules for the
apportionment of income by a financial institution for taxable years beginning
on or after January 1, 1998. (4-6-23)
02. References. See Rule 581 of these rules for the applicability of references used in the MTC special industry regulations and the calculation of the apportionment percentage. (4-6-23)
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