Statutes, codes, and regulations
North Dakota Century Code
Title 57 - TAXATION
Chapter 57-38 - INCOME TAX
Section 57-38-07.2 - Taxation of single-member limited liability companies

N.D. Cent. Code § 57-38-07.2

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Current through the 2023 Legislative Sessions
Section 57-38-07.2 - Taxation of single-member limited liability companies

For purposes of this chapter, a limited liability company having a single member which is formed under either the laws of this state or under similar laws of another state and that is considered to be a corporation for federal income tax purposes is considered to be a corporation for state tax purposes. A limited liability company having a single member which is not treated as a corporation for federal income tax purposes is disregarded as an entity separate from its owner for state tax purposes.

N.D.C.C. § 57-38-07.2