Notices and Updates
On August 1, 2020, the North Carolina Department of Revenue will implement a voluntary initiative to work with corporate taxpayers to expedite the resolution of corporate intercompany pricing issues (“Intercompany Pricing Issue”) subject to N.C.
The N.C.
The N.C. Department of Revenue has published a notice on alternative means for wholesalers and importers to prove they qualify for the major disaster exemption on malt beverages or wine rendered unsalable.
The N.C. Department of Revenue has published an important notice on expanded penalty relief for taxpayers.
The N.C. Department of Revenue has published an important notice about expanded penalty relief for certain Excise taxpayers.
Extension applies to individual, corporate and franchise tax bills in North Carolina.
The N.C. Department of Revenue has published a notice that outlines penalty waivers for taxpayers related to the coronavirus state of emergency. The waivers are for certain “late action penalties.”
The N.C. Department of Revenue has published the 2019 Tax Law Change book, which summarizes the recent legislative changes to the state's Revenue laws. The changes are detailed by taxing schedule and General Statute.
The N.C. Department of Revenue has published updated Sales and Use Tax Bulletins based on the law in effect as of Jan. 1, 2020. The updated bulletins supersede any bulletins published prior to Jan. 1, 2020.
The State of North Carolina offers tax assistance to soldiers and other service members who deploy overseas to combat zones. The assistance includes extension of deadlines to file and considerations for combat zone pay.
