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Written Determination Published: Sale and Installation of Organization Products

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Written Determination Published: Occasional and Isolated Sale of Assets

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Written Determination Published: Company’s Research and Development Purchases

The NCDOR published a written determination regarding purchases by a company primarily engaged in research and development activities in the physical, engineering, and life sciences included in industry 54171 of NAICS.

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Written Determination Published Regarding Poultry Litter Sheds

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NCDOR Publishes 2017 Revenue Law Changes

The 2017 legislative session brought many changes to the Revenue laws and the North Carolina Department of Revenue. These changes are detailed in the 2017 Tax Law Changes by taxing schedule and General Statute.

2017 Revenue Law Changes

Corporate Annual Reports No Longer Filed with NCDOR in 2018

Effective January 1, 2018, all corporate annual reports must be filed directly with the Secretary of State's Office.

Prior to the law change, corporations could file their North Carolina income tax returns and North Carolina annual reports together with the N. C. Department of Revenue. In 2018, corporations must file their annual reports directly with the Secretary of State, and can no longer file them with the N. C. Department of Revenue as part of their income tax filings.

Motor Fuels Tax Rate for 2018 Set at 35.1 Cents per Gallon

The motor fuels and alternative fuels tax rate for 2018 will increase from 34.3 cents per gallon to 35.1 cents per gallon.

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NCDOR Publishes Revised Form E-505

Form E-505 is revised and is available on the Department’s website. The minor revision is to properly reflect the defined term “Mixed Service Contract” at the bottom of page six to correspond with the term enacted by the 2017 Session of the General Assembly.

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Welcome to the NCDOR’s Redesigned Website

The N.C. Department of Revenue launched its redesigned website on Thursday, Dec. 7. The new site is easier to navigate and more accessible for taxpayers and the public. It is also the first step in an upgrade of the agency’s electronic services.

[video:https://youtu.be/GesoNQ8w-rU]

Here are the key things you need to know about the redesigned website:

Sales Tax Publishes a Notice about the Sales Tax Base Expansion Act

The NCDOR shall take no action to assess any tax due for a filing period beginning on or after March 1, 2016, and ending before January 1, 2018, if one or more specific conditions apply and the retailer did not receive specific written advice from the Secretary of Revenue for the transactions at issue for the laws in effect for the applicable periods.

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Sales and Use Tax