2006 Supplement to Rules and Bulletins for Taxable Years 2005 & 2006
This publication is a supplement to the Franchise Tax, Corporate
Income Tax, Privilege Tax, Insurance Premium Tax, and Excise Tax
Rules and Bulletins for Taxable Years 2005 & 2006. This supplement
addresses changes to the 2005/2006 Rules and Bulletins resulting
from legislative actions, court decisions, Attorney General opinions,
rules adopted or amended under the Administrative Procedures Act,
Chapter 150B of the General Statutes, or administrative interpretation
by the Department of Revenue.
This supplement includes only those sections of the 2005/2006 Rules
and Bulletins that have been changed. With one exception, the changes
are indicated by striking through the original material and underlining
the new material. The exception is the section titled Quality
Jobs and Business Expansion Credits (Article 3A of Chapter 105). This
section is updated in its entirety each year; therefore, the old
material is not struck through and the new material is not underlined.