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Current as of January 01, 2024 | Updated by Findlaw Staff
The terms “paid or incurred” and “paid or accrued” shall be defined as set forth in the Internal Revenue Code and shall be construed according to the method of accounting upon the basis of which the taxable income is computed.
Cite this article: FindLaw.com - Idaho Statutes Title 63. Revenue and Taxation § 63-3016. Paid or incurred and paid or accrued - last updated January 01, 2024 | https://codes.findlaw.com/id/title-63-revenue-and-taxation/id-st-sect-63-3016/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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