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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. Gen. Stat. § 105-130.5A.
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 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.