(a) Any person taxable under this chapter doing business wholly or partly on a credit basis may make application to the Director of the Department of Finance and Administration for permission to prepare his or her returns on the basis of cash actually received.
(b) The application shall be granted by the director under such rules and regulations as the director may prescribe.
(c) Any person making the application shall be taxable on all moneys collected during the taxable period.
Section: 26-52-502 26-52-503 26-52-505 26-52-506 26-52-507 26-52-508 26-52-509 26-52-510 26-52-511 26-52-512 26-52-513 26-52-514 26-52-515 26-52-516 NextLast modified: November 15, 2016