Click on links to go to taxpayer-detail reports.
|Reports of Credits Taken or Refunds Claimed||Number of Taxpayers||Credits Taken/ Refunds Claimed||Sunset for Generating Credits or Refundable Purchases||Statute||DOR Tax Forms Required|
|Creating Jobs (Article 3A)||209||4,121,708||January 1, 2007||§ 105-129.8||NC-478; NC-478A|
|Machinery and Equipment Investment (Article 3A)||638||31,422,010||January 1, 2007||§ 105-129.9||NC-478; NC-478B|
|Research and Development (Article 3A)||56||2,844,528||January 1, 2007||§ 105-129.10||NC-478|
|Worker Training (Article 3A)||26||53,192||January 1, 2007||§ 105-129.11||NC-478; NC-478E|
|Investing in Central Office or Aircraft Facility (Article 3A)||18||288,497||January 1, 2007||§ 105-129.12||NC-478|
|Technology Commercialization (Article 3A)||4||4,804||January 1, 2007||§ 105-129.9A||NC-478|
|Substantial Investment in Other Property (Article 3A)||2||679,450||January 1, 2007||§ 105-129.12A||NC-478|
|Development Zone Projects (Article 3A)||0||0||January 1, 2007||§ 105-129.13||NC-478|
|Business Property (Article 3B)||270||80,823||January 1, 2002||§ 105-129.16||NC-478|
|Renewable Energy Property (Article 3B)||1,494||27,904,722||January 1, 2016||§ 105-129.16A||NC-478; NC-478G|
|Non-Hazardous Dry-Cleaning (Article 3B)||0||0||January 1, 2006||§ 105-129.16C||NC-478|
|Constructing Renewable Fuel Facilities (Article 3B)||20||177,629||January 1, 2014||§ 105-129.16D||NC-478|
|Small Business Employee Health Insurance (Article 3B)||1,087||490,921||January 1, 2010||§ 105-129.16E||NC-478|
|Biodiesel Producers (Article 3B)||5||30,532||January 1, 2014||§ 105-129.16F||NC-478|
|Work Opportunity (Article 3B)||229||2,419,494||January 1, 2014||§ 105-129.16G||NC-478|
|Donating Funds for Purchases of Renewable Energy Property (Article 3B||5||2,621||None||§ 105-129.16H||NC-478|
|Facility for Manufacturing Renewable Energy Property (Article 3B)||9||15,262||January 1, 2014||§ 105-129.16I||NC-478|
|Small Business Unemployment Insurance (Article 3B)||28,744||8,882,777||January 1, 2012||§ 105-129.16J||D-400TC or CD-425|
|Investing in Major Recycling Facility (Article 3C)||1||1,429,162||None||§ 105-129.27||CD-425|
|Historic Rehabilitation (Article 3D):|
|Income-Producing Property||207||6,902,940||January 1, 2015||§ 105-129.35||D-400TC or CD-425|
|Non-Income-Producing Property||554||5,159,626||January 1, 2015||§ 105-129.36||D-400TC or CD-425|
|Low-Income Housing (Article 3E):|
|Awarded a Federal Credit Allocation before Jan. 1, 2003||14||1,489,762||January 1, 2015||§ 105-129.41||NC-478; NC-478H|
|Awarded a Federal Credit Allocation on or after Jan. 1, 2003||41||50,926,142||January 1, 2015||§ 105-129.42||None/ Notification from NC Housing Finance Agency|
|N.C. Research and Development (Article 3F)||602||35,768,842||January 1, 2014||§ 105-129.55||NC-478; NC-478I|
|Interactive Digital Media (Article 3F)||24||2,562,130||January 1, 2014||§ 105-129.56||NC-478; NC-478I|
|Mill Rehabilitation (Article 3H):|
|Income-Producing Property||18||29,045,943||January 1, 2015||§ 105-129.71||D-400TC or CD-425|
|Non-Income-Producing Property||26||326,272||January 1, 2015||§ 105-129.72||D-400TC or CD-425|
|Creating Jobs (Article 3J)||242||5,417,293||January 1, 2014||§ 105-129.87||NC-478; NC-478J|
|Investing in Business Property (Article 3J)||456||22,734,810||January 1, 2014||§ 105-129.88||NC-478; NC-478K|
|Investing in Real Property (Article 3J)||8||309,055||January 1, 2014||§ 105-129.89||NC-478; NC-478L|
|Railroad Intermodal Facility (Article 3K)||0||0||January 1, 2038||§ 105-129.96||NC-478|
|NC State Ports Authority Charges||35||793,547||January 1, 2014||§ 105-130.41 & § 105-151.22||NC-478|
|Cigarette Exportation||1||4,392,320||January 1, 2018||§ 105-130.45||NC-478|
|Cigarette Exportation while Increasing Employment||1||6,000,000||January 1, 2018||§ 105-130.46||NC-478|
|Film Production||30||69,281,988||January 1, 2015||§ 105-130.47 & § 105-151.29||NC-415|
|Economic Incentive Refunds (Sales & Use Tax) (§ 105-164.14A.):|
|Passenger Air Carrier||1||13,378,549||January 1, 2014||§ 105-164.14A.(a)(1)||E-588B|
|Major Recycling Facility||0||0||None||§ 105-164.14A.(a)(2)||E-585S|
|Business in Low-Tier Area||4||150,329||same as Article 3J||§ 105-164.14A.(a)(3)||E-585S|
|Motorsports Team or Sanctioning Body||9||146,977||January 1, 2014||§ 105-164.14A.(a)(4)||E-588A|
|Professional Motorsports Team||16||1,208,842||January 1, 2014||§ 105-164.14A.(a)(5)||E-585S|
|Analytical Services Business||3||176,072||January 1, 2014||§ 105-164.14A.(a)(6)||E-588D|
|Railroad Intermodal Facility||0||0||January 1, 2038||§ 105-164.14A.(a)(7)||E-585S|
|Certain Industrial Facilities Refunds (Sales & Use Tax)||3||1,753,434||January 1, 2014||§ 105-164.14B.(b)||E-585S|
|Sales & Use Refunds Supplement - Detail||14||7,512,819|
|Reports of Credits Generated||Number of Taxpayers||Credits Generated|
|Article 3A Credits Generated by Taxpayer|
|Creating Jobs in Development Zones||0||0|
|Machinery and Equipment||2||1,325,027|
|Research & Development||2||161,877|
|Other Article 3A Credits Generated by Taxpayer||1||1,732,782|
|Article 3J Credits Generated by Taxpayer|
|Investing in Business Property||249||110,221,134|
|Investing in Real Property||2||5,874,057|
Exceptions to Article 3A sunsets:
- extension of sunset to Jan. 1, 2008 for taxpayers who submit a letter of commitment to create jobs or make new investments to the Department of Commerce.
- extension of sunset to Jan. 1, 2010 for an interstate air courier that has a real estate lease of at least 100 acres for a term in excess of 15 years.
- extension of sunset to Jan. 1, 2010 for a taxpayer that qualifies as an eligible major industry.
- extension of sunset to Jan. 1, 2010 for certain taxpayers located in a Development Zone.
Exceptions to Article 3A carryforwards:
- large investments can have 20 years of carryforwards.
- taxpayers who invest at least $50 million in real property, machinery and equipment, or central office or aircraft facility property can have 10 years.
Exception for Article 3J carryforward:
- If the Secretary of Commerce certifies that the taxpayer's investment will exceed $150 million, carryforwards may be taken for 20 years.
For Article 3A and Article 3J, installments begin in the year after the credit was generated.
Sunset dates for S&U economic incentive refunds indicate the initial date for which purchases are deemed ineligible for refund.
The estimates of credits taken do not include the effect of G.S. 105-130.5(a)(10). This provision effectively increases the income tax liability of corporations by the amount of credit multiplied by the tax rate (6.9%).