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NCDOR Changes Banks For ACH Credit Payment Processing

Taxpayers who pay by ACH credit must change their bank account and routing numbers on their payments by Sept. 5. full details

NCDOR Publishes Frequently Asked Questions for Qualifying Farmer and Conditional Farmer Exemptions

FAQs provide additional information for a person applying with NCDOR for an exemption for farming operations. full details

Notice Published on Repeal of August Sales Tax Holiday

Notice covers recent law change that repeals the sales tax holiday. full details

Notice Revised on Sales of Piped Natural Gas

Notice revised to update per SL 2014-39 regarding sales by Gas Cities. Notice covers recent law change that impose a new sales and use tax on gross receipts derived from sales of piped natural gas. full details

Notice Published On Sales Tax Rate Phased in for Sales of Electricity

Notice covers recent law change that impose a new sales and use tax on gross receipts derived from sales of electricity by Cape Hatteras Electric Membership Corporation. full details

Notice Published On Qualifying And Conditional Farmer Exemptions

Notice covers recent law changes to what constitutes a qualifying farmer and sets out the amended law that added a conditional farmer exemption. full details

Notice Published On Admission Charges To Entertainment Activities

Notice comes after recent law change and covers changes relating to admission charges to entertainment activities. It includes multiple effective dates. full details

Notice Published On Prepaid Meal Plans

The notice covers recent law changes relating to taxation of prepaid meal plans. full details

Revised Important Notice on Income Tax Adjustments for Code Section 179 Expenses

Important Notice on Income Tax Adjustments for Code Section 179 Expenses revised to reflect recent legislative changes. full details

NCDOR Announces Motor Carrier Seminars

The Excise Tax Division will be hosting Motor Carrier Seminars during the months of July and August. full details

Notice Published On Sales From A Bakery Thrift Store

Notice comes after recent law change to sales of bread, rolls, and buns sold at a bakery thrift store. full details

Rate Change for Gross Receipts Derived from Sales of Electricity

Notice comes after recent law change and provides guidance on the rate change for gross receipts derived from the sales of electricity. full details

Rentals of Private Residences, Cottages or Similar Accommodations

House Bill 1050 (S.L. 2014-3), signed into law May 29, 2014 by Governor McCrory, provides that the gross receipts derived from the rental of a private residence, cottage, or similar accommodation listed with a real estate broker or agent where a person occupies or has the right to occupy such on or after June 1, 2014 is subject to the 4.75% general State and applicable local and transit rates of sales and use tax and any local occupancy tax imposed by a city or county. full details

Exception to the General Statute of Limitations for Certain Events

Effective January 1, 2014, N.C. Gen. Stat. § 105-241.6(b)(5) provides an exception to the general statute of limitations for obtaining a refund of an overpayment due to a contingent event or an event or condition other than a contingent event. The statute addresses specific situations when the general statute of limitations in N.C. Gen. Stat. § 105-241.6(a) may not apply. This statutory provision replaces the Department's former administrative policy that allowed a taxpayer to file a protective refund claim. full details

DOR Launches Program To Help Businesses That Fall Behind On Trust Taxes

Businesses that meet the criteria for the program can have penalties and fees waived. full details

Sales Tax Directives and Notices Recently Issued for Tax Modernization

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