Notices and Updates Search NCDOR Publishes Directive on Repair, Maintenance and Installation Services to Real Property and Real Property Contracts Wednesday, April 18, 2018 The NCDOR has published a directive regarding repair, maintenance and installation services to real property and real property contracts. The directive addresses a number of issues concerning the application of sales and use taxes for services to real property. The issues addressed are based on recent law changes and inquiries or suggestions received by the department. Read the directive. NCDOR Publishes Important Notice about the Repeal of Article 5F (Certain Machinery and Equipment Tax) Monday, April 09, 2018 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serves as a reminder that effective July 1, 2018, Article 5F of Chapter 105 of the North Carolina General Statutes is repealed for sales and purchases occurring on or after such date. Read the full notice. Written Determination Published on Initial Detailing Services Performed on Automobiles Held in Inventory for Sale Friday, March 23, 2018 A written determination applies the tax law to a specific set of existing facts furnished by a particular taxpayer. A written determination is applicable only to the individual taxpayer addressed and as such has no precedential value except to the taxpayer to whom the determination is issued. Read the determination. Written Determination Published on Car Wash Services Friday, March 23, 2018 A written determination applies the tax law to a specific set of existing facts furnished by a particular taxpayer. A written determination is applicable only to the individual taxpayer addressed and as such has no precedential value except to the taxpayer to whom the determination is issued. Read the determination. The NCDOR Publishes Directive on the Definition of a Holding Company Thursday, March 08, 2018 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. Review the directive. NCDOR Publishes Updated Form E-589CI, Affidavit of Capital Improvement Wednesday, March 07, 2018 The form was updated to incorporate legislative changes enacted by the 2017 Session of the General Assembly. Generally, services to real property are retail sales of or the gross receipts derived from repair, maintenance, and installation services, unless a person substantiates that a transaction is subject to sales and use tax as a real property contract, a mixed transaction contract, or the transaction is not subject to sales and use tax. NCDOR Announces Revised Penalty Waiver Policy Thursday, March 01, 2018 The NCDOR has introduced a revised penalty policy that is effective for penalty waiver requests considered on or after March 1, 2018. Read the policy NC Business Court judge reverses and remands NCDOR v. First Petroleum Services, Inc. Tuesday, February 27, 2018 In the matter of the N. C. Department of Revenue v. First Petroleum Services, Inc., the NC Business Court (“Court”) reversed the Office of Administrative Hearings’ decision and remanded with instruction to enter partial summary judgment in favor of the Department. Impact of Federal Tax Law Changes on NC Individual Income and Corporate Income Tax Returns Friday, February 16, 2018 The North Carolina Department of Revenue has published a notice on how the federal tax law changes in the Tax Cuts and Jobs Act passed in December and the Bipartisan Budget Act of 2018 passed in February will affect North Carolina individual income and corporate income tax returns. Read the notice. NCDOR Publishes Updated Form E-595E, Certificate of Exemption Thursday, February 15, 2018 Form E-595E, Streamlined Sales and Use Tax Agreement Certificate of Exemption, is updated to reflect changes adopted as part of the Streamlined Sales and Use Project. The revision is applicable to transactions beginning Jan. 1, 2018. Read the notice about the updated form. Review the updated form. Pagination First page « First Previous page ‹‹ … Page 2 Page 3 Page 4 Page 5 Page 6 Current page 7 Page 8 Page 9 Page 10 Next page ›› Last page Last »
NCDOR Publishes Directive on Repair, Maintenance and Installation Services to Real Property and Real Property Contracts Wednesday, April 18, 2018 The NCDOR has published a directive regarding repair, maintenance and installation services to real property and real property contracts. The directive addresses a number of issues concerning the application of sales and use taxes for services to real property. The issues addressed are based on recent law changes and inquiries or suggestions received by the department. Read the directive.
NCDOR Publishes Important Notice about the Repeal of Article 5F (Certain Machinery and Equipment Tax) Monday, April 09, 2018 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. Read the full notice.
Written Determination Published on Initial Detailing Services Performed on Automobiles Held in Inventory for Sale Friday, March 23, 2018 A written determination applies the tax law to a specific set of existing facts furnished by a particular taxpayer. A written determination is applicable only to the individual taxpayer addressed and as such has no precedential value except to the taxpayer to whom the determination is issued. Read the determination.
Written Determination Published on Car Wash Services Friday, March 23, 2018 A written determination applies the tax law to a specific set of existing facts furnished by a particular taxpayer. A written determination is applicable only to the individual taxpayer addressed and as such has no precedential value except to the taxpayer to whom the determination is issued. Read the determination.
The NCDOR Publishes Directive on the Definition of a Holding Company Thursday, March 08, 2018 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. Review the directive.
NCDOR Publishes Updated Form E-589CI, Affidavit of Capital Improvement Wednesday, March 07, 2018 The form was updated to incorporate legislative changes enacted by the 2017 Session of the General Assembly. Generally, services to real property are retail sales of or the gross receipts derived from repair, maintenance, and installation services, unless a person substantiates that a transaction is subject to sales and use tax as a real property contract, a mixed transaction contract, or the transaction is not subject to sales and use tax.
NCDOR Announces Revised Penalty Waiver Policy Thursday, March 01, 2018 The NCDOR has introduced a revised penalty policy that is effective for penalty waiver requests considered on or after March 1, 2018. Read the policy
NC Business Court judge reverses and remands NCDOR v. First Petroleum Services, Inc. Tuesday, February 27, 2018 In the matter of the N. C. Department of Revenue v. First Petroleum Services, Inc., the NC Business Court (“Court”) reversed the Office of Administrative Hearings’ decision and remanded with instruction to enter partial summary judgment in favor of the Department.
Impact of Federal Tax Law Changes on NC Individual Income and Corporate Income Tax Returns Friday, February 16, 2018 The North Carolina Department of Revenue has published a notice on how the federal tax law changes in the Tax Cuts and Jobs Act passed in December and the Bipartisan Budget Act of 2018 passed in February will affect North Carolina individual income and corporate income tax returns. Read the notice.
NCDOR Publishes Updated Form E-595E, Certificate of Exemption Thursday, February 15, 2018 Form E-595E, Streamlined Sales and Use Tax Agreement Certificate of Exemption, is updated to reflect changes adopted as part of the Streamlined Sales and Use Project. The revision is applicable to transactions beginning Jan. 1, 2018. Read the notice about the updated form. Review the updated form.
