Idaho Admin. Code r. 35.01.01.530
Current through September 2, 2024
Section 63-3027(10)(a), Idaho Code. The denominator of the sales factor includes the total gross receipts derived by the taxpayer from transactions and activity in the regular course of its trade or business or otherwise required to be included as apportionable income, except receipts excluded by Rules 525 through 559 and Rule 570 of these rules. The denominator may not exceed the sum of all the numerators.
Idaho Admin. Code r. 35.01.01.530