Corporation Income and Business Franchise Taxes: Statistics and Trends - Tax Year 2021

This report contains statistics concerning business franchise and income taxes imposed on corporations and limited liability companies under the Revenue Laws of North Carolina. It is designed to provide legislators, public officials, tax professionals, researchers, and other interested citizens of North Carolina with information about the characteristics of corporate taxpayers and how these taxpayers contribute to the state’s tax revenues. The report includes both historical series of data and detailed reports for tax year 2021.