Partnerships Operating Within And Without Idaho (Rule 280)

Sections 63-3026A(3), 63-3027 and 63-3030(a)(9), Idaho Code IDAHO ADMINISTRATIVE CODE IDAPA 35.01.01 Idaho State Tax Commission Income Tax Administrative Rules Section 285 Page 44 01. In General. A partnership that operates within and without Idaho must apply the principles of allocation and apportionment of income set forth in Section 63-3027, Idaho Code, and related rules to determine the extent of partnership income that is derived from or related to Idaho sources. The use of a combined report, however, is available only to C corporations. (4-6-23) 02. Exceptions to Apportionment Formula. If the method described in Subsection 280.01 does not fairly represent the extent of the business activity in Idaho, the partnership may file a request to use, or the Tax Commission may require, an alternative method, including the following: (4-6-23) a. Separate accounting as provided in Rule 585 of these rules; (4-6-23) b. The exclusion of a factor pursuant to Rule 590 of these rules; (4-6-23) c. An additional factor or substitute factor pursuant to Rule 595 of these rules; or (4-6-23) d. The employment of any other method that would fairly represent the extent of business activity in Idaho. (4-6-23) 03. Information Provided to Partners. The partnership must provide to each partner information necessary for the partner to compute his Idaho income tax. Such information must include: (4-6-23) a. The partner’s share of each pass-through item of income and deduction; (4-6-23) b. The partner’s share of each Idaho addition and subtraction; (4-6-23) c. The partner’s share of Idaho qualifying contributions, Idaho tax credits, and tax credit recapture; (4-6-23) d. The partner’s share of income allocated to Idaho; (4-6-23) e. The partnership’s apportionment factor, and if the partner is not an individual, the partnership’s property, payroll and sales factor numerator and denominator amounts, including the amount of capitalized rent expense; and (4-6-23) f. The partner’s distributive share of partnership gross income if the partner is an individual, trust, or estate. (4-6-23) 281. -- 284. (RESERVED)