Notices and Updates
The North Carolina Department of Revenue is accepting public comment on G.S. 150B-21.3A Report for 17 NCAC, Chapter 04, License and Excise Tax Division.
The NCDOR recently published four new sales and use tax directives to communicate changes of the interpretation in the taxability of the following:
The NCDOR is offering tax relief for victims of the April 15 tornadoes and storms that affected several counties in North Carolina.
The NCDOR has published a directive regarding repair, maintenance and installation services to real property and real property contracts.
The notice serves as a reminder that effective July 1, 2018, Article 5F of Chapter 105 of the North Carolina General Statutes is repealed for sales and purchases occurring on or after such date.
A written determination applies the tax law to a specific set of existing facts furnished by a particular taxpayer.
A written determination applies the tax law to a specific set of existing facts furnished by a particular taxpayer.
The NCDOR has published a directive that clarifies the definition of a holding company. The clarification should help in calculating a corporation’s annual franchise tax liability.
The form was updated to incorporate legislative changes enacted by the 2017 Session of the General Assembly.
The NCDOR has introduced a revised penalty policy that is effective for penalty waiver requests considered on or after March 1, 2018.
