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Read the Private Letter Ruling

Read the Private Letter Ruling

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.

Read the Private Ruling Letter

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.

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

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

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.

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.

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 fr