235-19 Exceptional trees; tax deduction.
§235-19 Exceptional trees; tax deduction. (a) Subject to subsection (b), there shall be allowed as a deduction from gross income the amount, not to exceed $3,000 per exceptional tree, for amounts paid, excluding interest paid or accrued thereon, during the taxable year by an individual taxpayer for expenditures to maintain, on the taxpayer’s real property, […]
235-20 Comfort letters; authority to assess fees; established.
§235-20 Comfort letters; authority to assess fees; established. The department may assess and collect a fee for the issuance of any comfort letter of the department. All fees collected under this section shall be deposited into the tax administration special fund established under section 235-20.5. [L 2004, c 215, pt of §3]
235-20.5 Tax administration special fund; established.
§235-20.5 Tax administration special fund; established. (a) There is established a tax administration special fund, into which shall be deposited: (1) Fees collected under sections 235-20 and 235-110.9; (2) Revenues collected by the special enforcement section pursuant to section 231-85; provided that in each fiscal year, of the total revenues collected by the special enforcement […]
235-17.5 REPEALED.
§235-17.5 REPEALED. L 2019, c 260, §3.
235-18 Deposit beverage container deposit exemption.
§235-18 Deposit beverage container deposit exemption. This chapter shall not apply to amounts received as a deposit beverage container deposit collected under part VIII of chapter 342G. [L 2004, c 241, §1]
235-7.5 Certain unearned income of minor children taxed as if parent’s income.
§235-7.5 Certain unearned income of minor children taxed as if parent’s income. (a) In the case of any child to whom this section applies, the tax imposed by this chapter shall be equal to the greater of: (1) The tax imposed by section 235-51 without regard to this section, or (2) The sum of: (A) […]
235-8 REPEALED.
§235-8 REPEALED. L 1987, c 239, §1(9).
235-9 Exemptions; generally.
§235-9 Exemptions; generally. Except as provided in sections 235-61 to 235-67 relating to withholding and collection of tax at source, and section 235-2.4 relating to “unrelated business taxable income”, the following persons and organizations shall not be taxable under this chapter: banks, building and loan associations, financial services loan companies, financial corporations, small business investment […]
235-9.5 Stock options from qualified high technology businesses excluded from taxation.
§235-9.5 Stock options from qualified high technology businesses excluded from taxation. (a) Notwithstanding any law to the contrary, all income earned and proceeds derived from stock options or stock, including stock issued through the exercise of stock options or warrants, from a qualified high technology business or from a holding company of a qualified high […]
235-10 REPEALED.
§235-10 REPEALED. L 1978, c 173, §2(8).