235-17 Motion picture, digital media, and film production income tax credit.
§235-17 Motion picture, digital media, and film production income tax credit. [Repeal and reenactment on January 1, 2026. L 2017, c 143, §3.] (a) Any law to the contrary notwithstanding, there shall be allowed to each taxpayer subject to the taxes imposed by this chapter, an income tax credit that shall be deductible from the […]
235-7 Other provisions as to gross income, adjusted gross income, and taxable income.
§235-7 Other provisions as to gross income, adjusted gross income, and taxable income. (a) There shall be excluded from gross income, adjusted gross income, and taxable income: (1) Income not subject to taxation by the State under the Constitution and laws of the United States; (2) Rights, benefits, and other income exempted from taxation by […]
235-7.3 Royalties derived from patents, copyrights, or trade secrets excluded from gross income.
§235-7.3 Royalties derived from patents, copyrights, or trade secrets excluded from gross income. (a) In addition to the exclusions in section 235-7, there shall be excluded from gross income, adjusted gross income, and taxable income, amounts received by an individual or a qualified high technology business as royalties and other income derived from any patents, […]
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235-8 REPEALED.
§235-8 REPEALED.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).
235-11 REPEALED.
§235-11 REPEALED. L 1988, c 107, §1.
235-12 REPEALED.
§235-12 REPEALED. L 2018, c 18, §50.