North Dakota Tax Commissioner Publishes Income Tax Withholding Rates, Instructions for Wages Paid in 2024

The North Dakota State Tax Commissioner Jan. 1 published updated withholding rates and instructions for wages paid in 2024, for individual income, trust income, and corporate income tax purposes. The booklet includes information on calculating the amount of tax to withhold from employee wages during calendar year 2024. The information in the booklet doesn’t apply to: 1) pass-through entities required to withhold state income tax from the year-end state distributive share of income of certain nonresident beneficiaries and owners; and 2) remitters required to withhold the state income tax from oil and gas royalty payments made to certain nonresident royalty ...