10-43-42.1. Administration of chapter by secretary of revenue--Promulgation of rules.
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.
Source: SL 1977, ch 96, §19; SL 1987, ch 82, §21; SL 2003, ch 272 (Ex. Ord. 03-1), §82; SL 2011, ch 1 (Ex. Ord. 11-1), §161, eff. Apr. 12, 2011; SL 2016, ch 62, §15.