Sec. 43.20.011. - Tax on corporations.
(a) [Repealed, Sec. 10 ch 1 SSSLA 1980].
(b) [Repealed, Sec. 10 ch 1 SSSLA 1980].
(c) [Repealed, Sec. 10 ch 1 SSSLA 1980].
(d) [Repealed, Sec. 10 ch 1 SSSLA 1980].
(e) There is imposed for each taxable year upon the entire taxable income of every corporation derived from sources within the state a tax computed as follows:
If the taxable income is Then the tax is:
Less than $10,000 1 percent of the taxable income
$10,000 but less than $20,000 $100 plus 2 percent of the taxable
income over $10,000
$20,000 but less than $30,000 $300 plus 3 percent of the taxable
income over $20,000
$30,000 but less than $40,000 $600 plus 4 percent of the taxable
income over $30,000
$40,000 but less than $50,000 $1,000 plus 5 percent of the taxable
income over $40,000
$50,000 but less than $60,000 $1,500 plus 6 percent of the taxable
income over $50,000
$60,000 but less than $70,000 $2,100 plus 7 percent of the taxable
income over $60,000
$70,000 but less than $80,000 $2,800 plus 8 percent of the taxable
income over $70,000
$80,000 but less than $90,000 $3,600 plus 9 percent of the taxable
income over $80,000
$90,000 or more $4,500 plus 9.4 percent of the
taxable income over $90,000.
(f) [Repealed, Sec. 10 ch 1 SSSLA 1980].