Statutes > Idaho Statutes > TITLE 63 REVENUE AND TAXATION > CHAPTER 30 INCOME TAX > 63-3016 PAID OR INCURRED AND PAID OR ACCRUED.

63-3016 PAID OR INCURRED AND PAID OR ACCRUED.

TITLE 63

REVENUE AND TAXATION

CHAPTER 30

INCOME TAX

63-3016. Paid or incurred and paid or accrued. 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.