NCDOR is Experiencing High Call Volume
NCDOR is experiencing a high volume of calls which may result in longer than expected wait times. We apologize for any inconvenience this may cause.
This Directive explains the deduction from gross retail sales allowable for worthless accounts upon which the sales and use tax has been previously paid that are charged off for income tax purposes. The Directive sets out the current treatment of such worthless accounts and clarifies the timing of when bad debts may be deducted from gross receipts.