Corporation Income Tax Booklet 2021
2021NORTH DAKOTACORPORATE INCOME TAXFORM 40INSTRUCTIONSPhoto credit:ND TourismTax forms, guidelines, FAQs, and moreare available at www.nd.gov/tax.Email questions to corptax@nd.gov.
New for 2021Changes to corporate income tax credits -A summary of the 2021 legislative changes affecting corporate income tax credits is below. Seethe 2021 Corporate Income Tax Credit instruction booklet on our website for additional details.Contributions to nonprofit private schools - limitation increasedThe three existing credits for contributions to nonprofit private schools (primary education,secondary education, and higher education) each have a limit based on tax. This limitationfor each tax credit was raised from 25% to 50% of the tax. Current law provides this newlimit for tax years 2021 and forward.Credit for employment of individuals with development disability or severe mentalillness The 2021 Legislature extended the existing provisions of this tax credit for two additionalyears, through 2022.Other business tax changes Wage Withholding - Beginning with first quarter 2022 returns (due April 30, 2022), allquarterly wage withholding returns must be filed and paid electronically. Also, the annualwithholding tax threshold to allow for annual filings instead of quarterly was increased from 500 to 1,000.Information Returns (Forms 1099 and Form W-2) - Applicable for tax year 2022 filings(due January 31, 2023), the annual information return transmittal and attachments must befiled electronically. Prior to 2021, electronic filing requirements only applied to businesseswith ten or more information returns.Passthrough Entities - Beginning with tax year 2022 (due in 2023), any passthrough entitywith ten or more owners will be required to electronically file its North Dakota income taxreturn. This applies to a partnership or LLC filing Form 58, an S Corporation filing Form 60,and a fiduciary filing Form 38.
Special RemindersSales factor weighting - apportioning corporationsExisting provisions allow a corporation the option to make an election (for a term of five tax years) to usea more heavily weighted sales factor in its apportionment formula. For tax year 2021 and any subsequentyear, any corporation covered by a previous or new election will use a 100% weighted sales factor. See theinstructions on page 7 for more information.Tax Department’s Website - www.nd.gov/taxWe encourage you to visit our website for additional information regarding tax credits, tax forms, news releases,to make a payment, or to print a payment voucher. Corporation information is located under the For Businessestab on the home page. Any news affecting corporate income tax will be summarized in a practitioners’ incometax newsletter, which is available on our website.Payment Voucher RequirementA payment voucher is required for all corporate income tax payment types that are mailed to the Office of StateTax Commissioner. Payment voucher Form 40-PV is required for taxpayers filing a paper return and paying bycheck or money order. The vouchers are available on our website at www.nd.gov/tax/paymentFederal Due Dates and ExtensionsCorporation due dates for the Form 40 are found on page 1 of the instructions. The extension of time to file afederal return is automatically accepted by North Dakota as an extension of time to file the state return for thesame period plus one additional month, which for a corporation with a calendar year-end would be November15th. To extend the due date of the North Dakota return, mark the circle on the return and attach a copy of thefederal extension.Income Tax WithheldA partnership is not allowed to withhold income tax on the distributive earnings of a C corporation. If incometax was withheld in error and reported on a K-1 received from a partnership, the withheld amount cannot beclaimed on Form 40. Contact the partnership to correct the error.Filing AttachmentsAll required schedules and a complete copy of the federal income tax return must be included with the NorthDakota return regardless of whether it is filed electronically or on paper. The Modernized e-file (MeF) programcontinues to be available for electronically filing your North Dakota original return. If a required attachment orschedule is not included with the software, it must be attached as a PDF to the return submission. PDF examplesmight include a Property Tax Clearance Record, North Dakota credit computation schedules, or the FederalExtension Form 7004.
Page 1General instructionsWho must fileEvery corporation engaged in business in NorthDakota or having income from North Dakotasources must file a North Dakota CorporationIncome Tax Return, Form 40.For example, a North Dakota Form 40 must befiled by: Corporations, including business trusts,associations, and joint-stock companies; Cooperative corporations distributing their netincome through patronage dividends; Insurance companies conducting businessactivities not subject to a gross premiums tax; Tax-exempt organizations having unrelatedbusiness taxable income; Note - A tax-exemptfiduciary trust that filed a Form 1041 to reportthe trust’s unrelated business taxable incomemust file North Dakota Form 38; Organizations that anticipate receiving a taxexempt status notification from the IRS, buthave not actually received such notification bythe end of the taxable year.Except as provided under “Exception for certainS corporations” below, a corporation that filesFederal Form 1120S must file Form 60, NorthDakota S Corporation Income Tax Return.Exception for certain S corporations. AnS corporation must file Form 40, North DakotaCorporation Income Tax Return, if all thefollowing apply: The corporation is a bank or other financialinstitution that formerly was subject to theNorth Dakota financial institution tax underN.D.C.C. ch. 57-35.3 and filed Form 35 fortax years prior to 2013. The corporation made an election underN.D.C.C. § 57-38-01.35 to be taxed as aC corporation for the 2013 tax year andfiled a Form 40 for 2013 through 2020. The corporation’s North Dakota net taxliability on the 2020 Form 40 (page 1,line 20) is zero and the corporation is notrevoking the election, which is done byfiling Form 60 for the 2021 year.If this election is still in effect and theS corporation files a Form 40 for the 2021 taxyear, it may not file electronically and must fileits return on paper. The corporation must providea statement to each individual shareholdercontaining information on the adjustments thatwill need to be made on the shareholder’s NorthDakota individual income tax return to removethe income and losses already taxed and deductedon the North Dakota corporation income taxreturn. For more information, see the Income TaxGuideline: Adjustment For Income (Loss) FromAn S Corporation Electing To Be Taxed UnderN.D.C.C. §57-38-01.35.2021 North Dakota Corporation Income Tax Return InstructionsPrivacy Act Notification. In compliance with thePrivacy Act of 1974, disclosure of a social securitynumber or Federal Employer Identification Number(FEIN) on this form is required under N.D.C.C.§§ 57-01-15 and 57-38-32, and will be used fortax reporting, identification, and administration ofNorth Dakota tax laws. Disclosure is mandatory.Failure to provide the social security number orFEIN may delay or prevent the processing of thisform.Upon request from Legislative Management, theTax Department is allowed to share the amount ofany tax deduction or tax credit claimed or earnedby a taxpayer. Disclosure of the taxpayer’s name,federal identification number, or other confidentialinformation is not permitted.Due dateA calendar year corporation filing Form 40 mustfile on or before April 15 following the close of thecalendar year.A corporation reporting on a fiscal year basis mustfile on or before the 15th day of the fourth monthfollowing the close of the fiscal year. Use the 2021Form 40 for fiscal years that begin in 2021 and endin 2022.A cooperative must file on or before the 15thday of the ninth month following the close ofthe calendar or fiscal year. Answer “Yes” toQuestion #4 on page 2.Tax-exempt organizations required to file anincome tax return to report unrelated businesstaxable income must file a corporation income taxreturn on or before the 15th day of the fifth monthafter the tax year ends.Short period returnA corporation required to file a federal short periodreturn must file a North Dakota short period returnfor the same period. The North Dakota return mustbe filed by April 15th or by the date prescribed bythe IRS, whichever is later.See instructions for the North Dakota Form 40‑ESfor due dates of estimated payments on shortperiod returns.A corporation terminating as a SubchapterS Corporation during the year, or a corporationchanging its annual accounting period, mustannualize its North Dakota taxable income andprorate its state tax liability in the same manner asthe federal tax liability is prorated.Extension of time for filingAn extension of time to file a federal return isautomatically accepted by North Dakota as anextension of time to file the state return. The stateextension is for one month after the due date ofthe automatic federal extension. Attach a copyof the federal extension Form 7004 (or otherapplicable form) to the state tax return and markthe extension circle on page 1. The return will beprocessed as a delinquent return if the circle isnot marked and a copy of the federal extensionis not attached.If a federal extension is not obtained, or if anextension of time beyond the time period coveredby a federal extension is needed, a North Dakotaextension may be obtained by completing andfiling North Dakota Form 101 prior to the duedate of the return. This form may be obtained bycontacting our office.An extension of time to file a North Dakota returndoes not extend the time for payment of the tax,and extension interest at the rate of 12% perannum will apply to any payment made after theregular due date of the state tax return. Penaltydoes not apply to tax paid within the extensionperiod.Extension payments must be accompanied byForm 40‑EXT identifying the name, address, andFEIN of the taxpayer. The form can be foundon our website. Alternatively, a letter containingthe above information along with a copy of theapproved state extension of time to file may besubmitted with the prepayment of tax due.Payment of taxIf tax due is less than 5, payment need not bemade. If tax is due, the total payment due must bepaid at the time of, or before, the return is filed.Payment made by check should be made payableto the North Dakota State Tax Commissioner andbe mailed with payment voucher Form 40PV.Payment may be made electronically using anACH debit, ACH credit, credit card, debit card, orelectronic check. To learn more, visit our websiteat www.nd.gov/tax/payment.Payment in the form of a check drawn on aninternational bank, except Canada, cannot beaccepted. A check must be drawn on a U.S. orCanadian bank, be in U.S. dollars, and use astandard nine digit routing number.Preparer authorizationIf the corporation wants to allow the North DakotaOffice of State Tax Commissioner to discuss its2021 tax return with the preparer who signed it,mark the circle in the signature area of the return.This authorization applies only to the individualwhose signature appears in the “Signature ofPreparer” section of the corporation’s return. Itdoes not apply to the firm, if any, shown in thatsection.If the circle is marked, the corporation isauthorizing the North Dakota Office of State TaxCommissioner to contact the preparer to answerany questions that may arise during the processingof its return.The corporation is also authorizing the preparer to: Give the North Dakota Office of State TaxCommissioner any information that is missingfrom the return; Call the North Dakota Office of State TaxCommissioner about the processing of thereturn or the status of any related refund orpayment(s); and
2021 North Dakota Corporation Income Tax Return Instructions Respond to certain North Dakota Office ofState Tax Commissioner notices that thecorporation has shared with the preparer aboutmath errors and return preparation. The noticeswill not be sent to the preparer. the due date of the return (without extension);orThe authorization will automatically end nolater than the extended due date for filing thecorporation’s 2021 tax return.Attachments and incompletereturnsThe corporation is not authorizing the preparer toreceive any refund check, bind the corporation toanything (including any additional tax liability),or otherwise represent the corporation before theNorth Dakota Office of State Tax Commissioner.If the corporation wants to expand the preparer’sauthorization, North Dakota Form 500,Authorization to Disclose Tax Information andDesignation of Representative, will need to besigned and filed with our office. North DakotaForm 500 can be found on our website atwww.nd.gov/tax. Search for Form 500.OverpaymentsOverpayments of income tax may be applied to the2022 estimated tax (minimum 5) or issued as arefund (minimum 5). If an overpayment is appliedto the following year, the amount of overpaymentis considered an estimated payment and cannot berefunded or applied against other tax liability untilthe close of the following year.Interest and penaltyThe Office of State Tax Commissioner will notifythe taxpayer of any interest and penalty owed ontax due. If desired, interest and penalty may becomputed by the taxpayer on tax due and enteredon the return.Interest:If the full amount of the tax is not paid by theoriginal due date, the following provisions forinterest apply: If an extension was obtained, interest on the taxdue during the extension period is computedat 12% per annum, through the later of theextended due date or date paid. Beginning withthe month thereafter, interest is computed at1% per month or fraction of a month. If an extension was not obtained, interest onthe tax due is computed at 1% per month orfraction of a month, except the month in whichthe tax became due.Penalty: If the full amount of tax is not paid by the duedate (or extended due date), penalty is equal to5% of the unpaid tax due or 5, whichever isgreater. If the return is not filed by the due date (orextended due date), a penalty of 5% of the nettax liability or 5, whichever is greater, appliesfor the month in which the return is due, withan additional 5% for each additional month(or a fraction of a month) during which thedelinquency continues, not to exceed 25% ofthe net tax liability.If there is an overpayment on Form 40, page 1,interest at the rate of 1% per month accrues on theoverpayment beginning forty-five days after thelater of: the date the return is filed.A complete copy of the federal income tax returnas filed with the IRS must be attached to Form 40.All applicable lines on Form 40 must becompleted and the return must be signed. A signedForm 40 is a declaration the return is correct andcomplete.A return with incomplete lines or schedules orwith notations such as “see attached statement”or “available upon audit” is not properly filed andmay be returned to the taxpayer. An incompletereturn that is returned will not be considered fileduntil resubmitted with the required items. Forelectronically filed returns, any attachments forextension forms or applicable schedules that arenot included with the software must be attachedas a PDF.Ratios and decimalsOn all schedules where a ratio or decimal is calledfor, use 6 digits after the decimal point.To file or obtain additionalforms and instructionsCompleted returns and written requests forinformation and forms should be mailed tothe Office of State Tax Commissioner, 600 E.Boulevard Ave., Dept. 127, Bismarck, ND58505‑0599.If you have corporate income tax questionsor are seeking tax forms, please e-mail us atcorptax@nd.gov, visit our website atwww.nd.gov/tax, or call our Corporate TaxSection at 701-328-1249.For the speech or hearing impaired, call RelayNorth Dakota at 1-800-366-6888.Information at the sourceAny corporation doing business in North Dakotathat is required to file a Federal Form W-2 or1099 must also file one with this state. For moreinformation on the requirements and alternativesfor satisfying those requirements, contact ouroffice.Quick refundA quick refund of overpaid estimated income taxmay be requested by a corporation prior to filinga return if the expected overpayment exceedsfive hundred dollars ( 500) and the claim forquick refund is filed after the close of the taxableyear but before the 15th day of the fourth monththereafter.The form for the Quick Refund Of EstimatedIncome Tax For Corporations (Form 40‑QR) mustbe obtained by contacting our office.Page 2Estimated tax paymentsIf a corporation’s estimated state income taxliability exceeds five thousand dollars ( 5,000)and its previous year’s state income tax liabilityexceeded five thousand dollars ( 5,000), thecorporation is generally required to make anestimated tax payment of at least one-fourth of theamount due on each of four prescribed dates.Information regarding estimated tax paymentsis located in the instructions for Form 40-ES.Amended returns/federalaudit changesAn Amended North Dakota Corporation IncomeTax Return, Form 40X, must be filed if: North Dakota income is changed when anamended federal income tax return is filed or asa result of a federal audit. An error is discovered on a previously filedreturn. The corporation received a refund offederal income tax which was deducted ona previously filed Form 40 for tax yearsbeginning before January 1, 2004.Information about amended returns can be foundin N.D.C.C. §§ 57-38‑38 and 57‑38 ‑40.Form 40X and instructions can be obtained byvisiting our website at www.nd.gov/tax/corp/forms.FederalizationThe North Dakota income tax law is perpetually“federalized” for the Federal Taxable Incomestarting point of the North Dakota return.Method of corporationtaxationThe North Dakota corporation income tax appliesonly to that portion of a corporation’s taxableincome which is derived from or attributable tosources within this state.A nonapportioning corporation, (a corporationwhose business activity is conducted solely withinNorth Dakota,) computes North Dakota taxableincome by adjusting its federal taxable income byNorth Dakota statutory adjustments.An apportioning corporation, (a corporation whosebusiness activity is conducted both within andwithout North Dakota,) computes North Dakotataxable income by adjusting its federal taxableincome by North Dakota statutory adjustments andapportioning this adjusted taxable income usingSchedule FACT or CR (Part II) of Form 40.A corporation engaged in a unitary business withone or more corporations (irrespective of thecountry or countries in which the corporationsconduct business) must file using the combinedreport method.
Page 3The starting point for computing North Dakotataxable income is federal taxable income.However, if the combined report excludesany corporation that was included in a federalconsolidated return, the starting point forcomputing North Dakota taxable income is thepro forma federal taxable income amount for thecombined group members that were part of thefederal consolidated return.A single, pro forma starting point is notcomputed to reflect the inclusion of additionalnonconsolidated affiliates in a North Dakotacombined group. Instead, the federal taxableincome as actually reported to the IRS for eachadditional entity is added to the combinedgroup. Federal consolidated return rules are notreapplied to this larger combined group. Also, seeSchedule WW (line 4) or Schedule WE (line 2).A unitary business is a group of corporationswhich carries on activities, the component parts ofwhich transfer value among themselves throughthe unities of ownership, operation, and use. “Unity of ownership” means the group is underthe common control of a single corporation,which is also a member of the group. Controlexists when the single corporation owns,directly or indirectly, more than fifty percent ofthe voting stock of another corporation; “Unity of operation” means the group receivesbenefits from functional integration oreconomies of scale; “Unity of use” means the group of corporationscontributes to or receives benefits fromcentralized management and policy formation.Whether a group of corporations is engagedin a unitary business depends on the facts andcircumstances of each case. If unity of ownershipexists, any of the following facts or circumstancescreates a presumption that the unities of operationand use exist; therefore, the corporations areengaged in a unitary business if: All activities of the group are in the samegeneral line or type of business; The activities of the group constitute differentsteps in a vertically structured enterprise; or The group is characterized by centralizedmanagement.Water’s edge electionA corporation required to file its North Dakotareturn using the worldwide unitary combinedreport method may elect to use the water’sedge method. The water’s edge election mustbe made on the return as originally filed and isbinding for five consecutive tax years. Also seeQuestion #9 on page 2. If the election is made,all corporations covered by the election will besubject to a 3.5% surtax on their North Dakotataxable income.2021 North Dakota Corporation Income Tax Return InstructionsSpecific instructions forForm 40, Page 1Taxpayer NameIf filing a combined return (line 1, circle b or c) thereturn should be filed using the taxpayer name andFEIN of the specific corporation having activity inNorth Dakota.If you previously filed a consolidated return(line 1, circle b1 or c1) as a member of a unitarygroup and are still a member of that group, use thesame taxpayer name and FEIN as previously filedreturns. If not, file using the name and FEIN ofanother affiliate having activity in North Dakotain 2020.Farming or Ranching CorporationAnswer yes if business is registered as a farm orranch corporation with the North Dakota Secretaryof State.Business CodeEnter the business code from the NAICS listfound on our website at www.nd.gov/tax that mostclosely corresponds to the area from which youderived the majority of your income for the taxyear.Line 1IncomeMark the circle for the reporting method usedto complete the return and enter the incomereportable under that method. Mark ONE circleonly.a. Single Corporate EntityThe single corporate entity method reports incomeor loss of only one incorporated business that isnot part of a unitary business. (See item “Methodof corporation taxation” on page 2.)If the single corporate entity method is used forboth North Dakota and federal purposes, enter thefederal taxable income from Federal Form 1120,line 30.If the single corporate entity method is used forNorth Dakota purposes and the corporation isincluded in a consolidated Federal Form 1120,enter the corporation’s federal taxable incomebefore consolidating adjustments/eliminationsfrom: A pro forma separate company federal incometax return, line 30; or The by-company schedule showing grossincome and deductions, which supports theconsolidated federal taxable income.Cooperatives and other organizations using federalforms other than Federal Form 1120 must enter thefederal taxable income from the appropriate form.b. Combined Report MethodFor North Dakota corporation income taxpurposes, a “combined report” means anincome tax return on which the tax liabilityis computed using the methods described inN.D.C.C. chs. 57‑38, 57-38.1 and N.D. Admin.Code chs. 81-03-05.1, 81-03-05.2, 81-03-05.3,and 81‑03-09. Except for 100% North Dakota corporationsrequired to file a consolidated tax return, itis essential to have a unitary business groupof corporations before the combined reportmethod can be used. For a discussion of aunitary business group of corporations, seeitem “Method of corporation taxation” onpage 2. If filing a combined report method returnwhere only one company apportions incometo North Dakota (i.e., circle b or c is markedon Form 40, line 1), the answer to Question#8 on page 2 will be “No”. If filing a consolidated combined reportmethod North Dakota tax return where morethan one company apportions income toNorth Dakota (i.e., circle b1 or c1 is markedon Form 40, line 1), the answer to Question#8 on page 2 will be “Yes”.Mark the “Combined Report Method” circle ifForm 40 includes only one corporation from aunitary business which apportions its income toNorth Dakota.The return should be filed using the taxpayer nameand federal identification number of the entityhaving activity in North Dakota.Complete Schedule WW on page 4 and enter theamount from line 10 on page 1, line 1. Attach thecompleted Schedule WW to Form 40 when filed.Answer “No” to Question #8 on page 2.Consolidated ReturnFor North Dakota corporation income taxpurposes, a North Dakota “consolidated return”means a single corporation income tax returnthat reports the tax liability of more than onecorporation engaged in business or havingsources of income from North Dakota. If part of the same unitary group, file thereturn using the same taxpayer name andFEIN as previously filed returns if that entityhas activity in North Dakota in 2021. If not,file using the name and FEIN of anotheraffiliate having activity in North Dakota in2021. Only taxpayers who compute their NorthDakota tax liability using the combinedreport method may file a consolidated return. Laws and rules governing consolidatedreturns are found in N.D.C.C. ch. 57‑38, andN.D. Admin. Code ch. 81‑03‑05.1. If filing a consolidated North Dakota taxreturn, circle b1 or c1 should be marked online 1. Because a North Dakota consolidated returnreports the tax liability of more than onecorporation, North Dakota Schedule CR,Parts I, II, and III will be completed. If filing a consolidated North Dakota taxreturn (i.e., circle b1 or c1 is marked onForm 40, line 1) the answer to Question #8on page 2 will be “Yes”.
2021 North Dakota Corporation Income Tax Return InstructionsSchedule CRIf circle c is marked:Schedule CR, Parts I, II, and III will becompleted only for corporations which:- apportion income to North Dakota (i.e., haveproperty, payroll, or sales in North Dakota, ) or- allocate nonbusiness income or loss to NorthDakota, or- do not apportion or allocate any income orloss to North Dakota, but choose to be disclosedas having filed a North Dakota return.1. The return should be filed using the taxpayername and FEIN of the entity having activity inNorth Dakota.The factor denominator of the apportionmentfactor computation on Part II will be the totalproperty, payroll, and sales for all unitarycompanies in the combined group.The Schedule CR in this booklet allows forthree separate companies to be reported. Ifmore companies are to be reported, photocopyParts I, II, and III of Schedule CR and continueto complete the additional schedule copies forcompanies that apportion their income to NorthDakota. (See page 8 for specific instructions forSchedule CR.)b1. Combined Report MethodConsolidated ReturnMark the “Combined Report Method Consol.Return” circle if the corporation is filing oneconsolidated North Dakota return using thecombined report method.Two or more apportioning corporations mayfile one North Dakota consolidated return if thecorporations are required to use the combinedreport method and more than one of thecorporations has a filing requirement in NorthDakota.If circle b1 is marked:1. If part of the same unitary group, file thereturn using the same taxpayer name andFEIN as previously filed returns if that entityhas activity in North Dakota in 2021. If not,file using the name and FEIN of anotheraffiliate having activity in North Dakota in2021.2. Complete Schedule WW on page 4 and enterthe amount from line 10 on page 1, line 1.Attach the completed Schedule WW toForm 40 when filed.3. Complete North Dakota Schedule CR, Parts I,II and III only for companies that apportionincome to North Dakota. If a corporationdoes not have property, payroll, and/or salesin North Dakota, it will not be listed onSchedule CR.2. Complete Schedule WE on page 5 and enter theamount from line 12 on page 1, line 1. Attachthe completed Schedule WE to Form 40 whenfiled.3. Answer “No” to Question #8 on page 2.c1. Water’s Edge MethodConsolidated ReturnMark the “Water’s Edge Method ConsolidatedReturn” circle if: The members of a worldwide unitarybusiness group of corporations elect to file aconsolidated tax return using the water’s edgemethod, and If two or more apportioning corporations in thecombined report have a filing requirement inNorth Dakota.If circle c1 is marked:1. If part of the same unitary group, file thereturn using the same taxpayer name andFEIN as previously filed returns if that entityhas activity in North Dakota in 2021. If not,file using the name and FEIN of anotheraffiliate having activity in North Dakota in2021.2. Complete Schedule WE on page 5 and enter theamount from line 12 on page 1, line 1. Attachthe completed Schedule WE to Form 40 whenfiled.3. Complete North Dakota Schedule CR, Parts I,II, and III only for companies that apportionincome to North Dakota.4. Answer “Yes” to Question #8 on page 2.d. OtherMark the “Other” circle if the corporation hasreceived written permission from the Office ofState Tax Commissioner to file a North Dakotareturn using a filing method other than thosespecified above.Other filing methods are contained in N.D.C.C.§ 57-38.1-18 (for example, separate accounting ora method using an apportionment factor differentfrom that computed on Schedules FACT or CR).If the circle entitled “Other” is marked:Page 4If a North Dakota consolidated tax return isbeing filed to report the tax liability of morethan one corporation engaged in business in orhaving sources of income from North Dakota:1. Do not complete lines 5-19 on page 1 untilSchedule CR has been completed.2. Complete Sch
income tax return to report unrelated business taxable income must file a corporation income tax return on or before the 15th day of the fifth month after the tax year ends. Short period return A corporation required to file a federal short period return must file a North Dakota short period return for the same period. The North Dakota return must
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