There Is a Newer Version of the North Carolina General Statutes
2011 North Carolina General Statutes
Chapter 105 Taxation.
Article 4 - Income Tax.
- 105-130. Short title.
- 105-130.1. Purpose.
- 105-130.2. Definitions.
- 105-130.3. Corporations.
- 105-130.3A: Expired.
- 105-130.3B. (Effective for taxable years beginning on or after January 1, 2009, and expiring for taxable years beginning on or after January 1, 2011) Income tax surtax.
- 105-130.4. Allocation and apportionment of income for corporations.
- 105-130.5. Adjustments to federal taxable income in determining State net income.
- 105-130.5A. Secretary's authority to adjust net income or require a combined return.
- 105-130.6. (Repealed effective for taxable years beginning on or after January 1, 2012) Subsidiary and affiliated corporations.
- 105-130.6A. Adjustment for expenses related to dividends.
- 105-130.7: Repealed by Session Laws 2003-349, s. 1.1, effective January 1, 2003.
- 105-130.7A. Royalty income reporting option.
- 105-130.8. Net economic loss.
- 105-130.9. Contributions.
- 105-130.10. Amortization of air-cleaning devices, waste treatment facilities and recycling facilities.
- 105-130.10A. Amortization of equipment mandated by OSHA.
- 105-130.11. Conditional and other exemptions.
- 105-130.12. Real estate investment trusts.
- 105-130.13: Repealed by Session Laws 1987 (Regular Session, 1988), c. 1089, s. 2; as amended by Session Laws 1989, c. 728, s. 1.33.
- 105-130.14. Corporations filing consolidated returns for federal income tax purposes.
- 105-130.15. Basis of return of net income.
- 105-130.16. (Effective for taxable years beginning before January 1, 2012) Returns.
- 105-130.17. Time and place of filing returns.
- 105-130.18: Repealed by Session Laws 2009-445, s. 7, effective August 7, 2009.
- 105-130.19. When tax must be paid.
- 105-130.20. Federal corrections.
- 105-130.21. Information at the source.
- 105-130.22. Tax credit for construction of dwelling units for handicapped persons.
- 105-130.23. Repealed by Session Laws 1999-342, s. 1, effective for taxable years beginning on or after January 1, 2000.
- 105-130.24. Repealed by Session Laws 1983 (Regular Session, 1984), c. 1004, s. 2.
- 105-130.25. Credit against corporate income tax for construction of cogenerating power plants.
- 105-130.26. Repealed by Session Laws 1999-342, s. 1, effective for taxable years beginning on or after January 1, 2000.
- 105-130.27 Expired.
- 105-130.27A. Repealed by Session Laws 1999-342, s. 1, effective for taxable years beginning on or after January 1, 2000.
- 105-130.28: Repealed by Session Laws 2000-128, s. 3, effective for costs incurred during taxable years beginning on or after January 1, 2006.
- 105-130.29 through 105-130.33. Repealed by Session Laws 1999-342, s. 1.
- 105-130.34. Credit for certain real property donations.
- 105-130.35: Recodified as 105-269.5 by Session Laws 1991, c. 45, s. 20.
- 105-130.36. Credit for conservation tillage equipment.
- 105-130.37. Credit for gleaned crop.
- 105-130.38: Repealed by Session Laws 1996, Second Extra Session, c. 14, s. 1.
- 105-130.39. Credit for certain telephone subscriber line charges.
- 105-130.40: Recodified as 105-129.8 by Session Laws 1996, 2nd Extra Session, c. 13, s. 3.2.
- 105-130.41. (Repealed effective for taxable years beginning on or after January 1, 2014) Credit for North Carolina State Ports Authority wharfage, handling, and throughput charges.
- 105-130.42: Recodified as 105-129.35 through 105-129.37 by Session Laws 1999-389, ss. 2-4, effective for taxable years beginning on or after January 1, 1999.
- 105-130.43. Credit for savings and loan supervisory fees.
- 105-130.44. Credit for construction of poultry composting facility.
- 105-130.45. (Repealed effective January 1, 2018) Credit for manufacturing cigarettes for exportation.
- 105-130.46. (See notes for expiration date) Credit for manufacturing cigarettes for exportation while increasing employment and utilizing State Ports.
- 105-130.47. (Repealed for qualifying expenses occurring on or after January 1, 2015) Credit for qualifying expenses of a production company.
- 105-130.48. (Repealed for taxable years beginning on or after January 1, 2014) Credit for recycling oyster shells.
- 105-131. Title; definitions; interpretation.
- 105-131.1. Taxation of an S Corporation and its shareholders.
- 105-131.2. Adjustment and characterization of income.
- 105-131.3. Basis and adjustments.
- 105-131.4. Carryforwards; carrybacks; loss limitation.
- 105-131.5. Part-year resident shareholder.
- 105-131.6. Distributions.
- 105-131.7. Returns; shareholder agreements; mandatory withholding.
- 105-131.8. Tax credits.
- 105-132: Recodified as 105-135 by Session Laws 1967, c. 1110, s. 3.
- 105-133. Short title.
- 105-134. Purpose.
- 105-134.1. (Effective for taxable years beginning before January 1, 2012) Definitions.
- 105-134.2. Individual income tax imposed.
- 105-134.2A. (Effective for taxable years beginning on or after January 1, 2009, and expiring for taxable years beginning on or after January 1, 2011) Income tax surtax.
- 105-134.3. Year of assessment.
- 105-134.4. (Repealed effective for taxable years beginning on or after January 1, 2012) Taxable year.
- 105-134.5. (Effective for taxable years beginning before January 1, 2012) North Carolina taxable income defined.
- 105-134.6. (Effective for taxable years beginning before January 1, 2012) Adjustments to taxable income.
- 105-134.7. Transitional adjustments.
- 105-134.8. Inventory.
- 105-135 through 105-149: Repealed by Session Laws 1989, c. 728, s. 1.3.
- 105-150. Repealed by Session Laws 1973, c. 1287, s. 5.
- 105-151. Tax credits for income taxes paid to other states by individuals.
- 105-151.1. Credit for construction of dwelling units for handicapped persons.
- 105-151.2. Repealed by Session Laws 1999-342, s. 1, effective for taxable years beginning on or after January 1, 2000.
- 105-151.3. Repealed by Session Laws 1983 (Regular Session 1984), c. 1004, s. 2.
- 105-151.4: Repealed by Session Laws 1989, c. 728, s. 1.8.
- 105-151.5. Repealed by Session Laws 1999-342, s. 1, effective for taxable years beginning on or after January 1, 2000.
- 105-151.6: Expired.
- 105-151.6A: Repealed by Session Laws 1989, c. 728, s. 1.11.
- 105-151.7 through 105-151.10: Repealed by Session Laws 1999-342, s. 1, effective for taxable years beginning on or after January 1, 2000.
- 105-151.11. Credit for child care and certain employment-related expenses.
- 105-151.12. Credit for certain real property donations.
- 105-151.13. Credit for conservation tillage equipment.
- 105-151.14. Credit for gleaned crop.
- 105-151.15: Repealed by Session Laws 1996, 2nd Extra Session, c. 14, s. 1.
- 105-151.16: Repealed by Session Laws 1989, c. 728, s. 1.21.
- 105-151.17: Recodified as 105-129.8 by Session Laws 1996, 2nd Extra Session, c. 13, s. 3.4.
- 105-151.18. Credit for the disabled.
- 105-151.19: Repealed by Session Laws 1996, 2nd Extra Session, c. 14, s. 2.
- 105-151.20. Credit or partial refund for tax paid on certain federal retirement benefits.
- 105-151.21. Credit for property taxes paid on farm machinery.
- 105-151.22. (Repealed effective for taxable years beginning after January 1, 2014) Credit for North Carolina State Ports Authority wharfage, handling, and throughput charges.
- 105-151.23: Recodified as 105-129.35 through 105-129.37 by Session Laws 1999-389, s. 6, effective for taxable years beginning on or after January 1, 1999.
- 105-151.24. Credit for children.
- 105-151.25. Credit for construction of a poultry composting facility.
- 105-151.26. (Effective for taxable years beginning before January 1, 2012) Credit for charitable contributions by nonitemizers.
- 105-151.27: Repealed by Session Laws 2001-424, s. 34.21(a), effective for taxable years beginning on or after January 1, 2001.
- 105-151.28. (Repealed for taxable years beginning on or after January 1, 2014) Credit for premiums paid on long-term care insurance.
- 105-151.29. (Repealed for qualifying expenses occurring on or after January 1, 2015) Credit for qualifying expenses of a production company.
- 105-151.30. (Repealed for taxable years beginning on or after January 1, 2014) Credit for recycling oyster shells.
- 105-151.31. (Repealed for taxable years beginning on or after January 1, 2014) Earned income tax credit.
- 105-151.32. (Repealed for taxable years beginning on or after January 1, 2014) Credit for adoption expenses.
- 105-151.33. Education expenses credit.
- 105-152. Income tax returns.
- 105-152.1: Repealed by Session Laws 1991 (Regular Session, 1992), c. 930, s. 12.
- 105-153. Repealed by Session Laws 1967, c. 1110, s. 3.
- 105-154. Information at the source returns.
- 105-155. Time and place of filing returns; extensions; affirmation.
- 105-156: Repealed by Session Laws 2009-445, s. 7, effective August 7, 2009.
- 105-156.1: Repealed by Session Laws 1989, c. 728, s. 1.28.
- 105-157. When tax must be paid.
- 105-158. Taxation of certain Armed Forces personnel and other individuals upon death.
- 105-159. Federal corrections.
- 105-159.1. Designation of tax by individual to political party.
- 105-159.2. Designation of tax to North Carolina Public Campaign Fund.
- 105-160. Short title.
- 105-160.1. Definitions.
- 105-160.2. Imposition of tax.
- 105-160.3. Tax credits.
- 105-160.4. Tax credits for income taxes paid to other states by estates and trusts.
- 105-160.5. Returns.
- 105-160.6. Time and place of filing returns.
- 105-160.7. When tax must be paid.
- 105-160.8. Federal corrections.
- 105-161 through 105-163: Repealed by Session Laws 1989, c. 728, s. 1.37.
- 105-163.01 through 105-163.06: Repealed by Session Laws 1991, c. 45, s. 14(b).
- 105-163.07: Recodified as 105-151.21 by Session Laws 1991, c. 45, s. 14.
- 105-163.08 through 105-163.09: Repealed by Session Laws 1991, c. 45, s. 14(b).
- 105-163.010. (Repealed effective for investments made on or after January 1, 2014) Definitions.
- 105-163.011. (Repealed effective for investments made on or after January 1, 2014) Tax credits allowed.
- 105-163.012. (Repealed effective for investments made on or after January 1, 2014) Limit; carry-over; ceiling; reduction in basis.
- 105-163.013. (Repealed for investments made on or after January 1, 2014) Registration.
- 105-163.014. (Repealed for investments made on or after January 1, 2014) Forfeiture of credit.
- 105-163.015. Sunset.
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