Corporate Income Tax Exemption

Newly established companies or expansions of current primary sector companies are eligible for up to a 5-year exemption from North Dakota state corporate income taxes.  For business expansions, the exemption applies to the increase in corporate income attributable to the project and related to North Dakota revenues.

A business is not eligible for the exemption if:

• the business received a property tax exemption under tax increment financing,
• there is an outstanding recorded lien for delinquent property, income, sales or use taxes against the business, or
• the exemption fosters unfair competition or endangers existing business.

N.D.C.C §40-57.1