Individual Income Tax Contested Tax Case Docket # 09 REV 6570 - 09 REV 6573 - 12/15/2010 Issue: (1)Whether the North Carolina Revenue Laws authorize individual shareholders of an S Corporation to claim deductions under N.C. Gen. Stat. § 105-134.6(b)(17) on their North Carolina individual tax returns for additional first year depreciation previously added back by a C Corporation on its C corporation income tax returns under N.C. Gen. Stat. § 105-130.5(a)(15). (2)Whether the Notices of Final Determination issued to Petitioners on October 12, 2009 were issued in error.Whether the taxpayer was a legal resident of North Carolina during tax years 2006, 2007, and 2008. Files 09rev6570-6573.pdf PDF • 129 KB - November 27, 2017 Individual Income Tax
Individual Income Tax Contested Tax Case Docket # 09 REV 6570 - 09 REV 6573 - 12/15/2010 Issue: (1)Whether the North Carolina Revenue Laws authorize individual shareholders of an S Corporation to claim deductions under N.C. Gen. Stat. § 105-134.6(b)(17) on their North Carolina individual tax returns for additional first year depreciation previously added back by a C Corporation on its C corporation income tax returns under N.C. Gen. Stat. § 105-130.5(a)(15). (2)Whether the Notices of Final Determination issued to Petitioners on October 12, 2009 were issued in error.Whether the taxpayer was a legal resident of North Carolina during tax years 2006, 2007, and 2008. Files 09rev6570-6573.pdf PDF • 129 KB - November 27, 2017 Individual Income Tax
