81-03-01.1-08. Tax credits.

Tax credits must be taken in the following order:

1. Tax credits with no carryback or carryforward provisions.

2. Tax credits with carryback provisions.

3. Tax credits with carryforward provisions.

If there is more than one tax credit having the same priority, the tax credits must be allowed in the order that is most beneficial to the taxpayer.

History: Effective May 1, 1991.

General Authority: NDCC 57-38-56

Law Implemented: NDCC 57-38-01.8, 57-38-01.16, 57-38-01.17, 57-38-30.1, 57-38-30.4, 57-38-30.5, 57-38.1-07