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NCDOR »   Taxes & Forms »   Corporate Income & Franchise Tax »   Corporate Tax Law »   Franchise Tax

Franchise Tax

Article 3 – Franchise Tax

The North Carolina General Assembly offers access to the General Statutes on the Internet as a service to the public. While every effort is made to ensure the accuracy and completeness of the statutes, the North Carolina General Assembly is not responsible for any errors or omissions which may occur in these files. A printed copy of any of the statutes including notes information is available in a library or courthouse setting or in the online statues available through LexisNexis on a subscription basis. Read the Caveats in their entirety.

Click on the statute reference to review the law on the General Assembly's web site.

105-114 Nature of taxes; definitions
105-114.1 Limited liability companies
105-116 Franchise or privilege tax on electric power, water, and sewerage companies
105-116.1 Distribution of gross receipts taxes to cities
105-120.2 Franchise or privilege tax on holding companies
102-121.1 Mutual burial associations
105-122 Franchise or privilege tax on domestic and foreign corporations
105-122.1 Credit for additional annual report fees paid by limited liability companies subject to franchise tax
105-125 Exempt corporations
105-127 When franchise or privilege taxes payable
105-128 Power of attorney
105-129 Extension of time for filing returns

 

Other Tax Credits Allowed Against Franchise Tax

Article 3B – Business and Energy Tax Credits
Article 3C – Tax Incentives for Recycling Facilities
Article 3E – Low-Income Housing Tax Credits
Article 3F – Research and Development
Article 3H – Mill Rehabilitation Tax Credit
Article 3J – Tax Credits for Growing Businesses
Article 3K – Tax Incentives for Railroad Intermodal Facilities

Corporate Tax Law

  • Corporate Estimated Tax Payments
  • Corporate Income Tax
  • Franchise Tax
  • Freight Car Lines Tax
  • Insurance Company Premiums Tax
  • Tax Incentives for Recycling Facilities

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Contact Information

North Carolina Department of Revenue

PO Box 25000
Raleigh, NC 27640-0640
General information: 1-877-252-3052
Individual income tax refund inquiries:
1-877-252-4052

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https://www.ncdor.gov/taxes-forms/corporate-income-franchise-tax/corporate-tax-law/franchise-tax