Title 48, Chapter 7, Section 51
( 48-7-51)
Every corporation subject to taxation under this chapter shall make
a return stating specifically the items of its gross income and the
deductions and credits allowed by this chapter. The income of two or
more corporations shall not be included in a single return except
with the express consent of the commissioner. When a receiver,
trustee in bankruptcy, or assignee is operating the property or
business of a corporation, the receiver, trustee, or assignee shall
make returns for the corporation in the same manner and form as the
corporation is required to make returns. Any tax due on the basis of
returns made by a receiver, trustee, or assignee shall be collected
in the same manner as if collected from the corporation of whose
business or property he has custody and control. |