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NCAC > Title 17 - Revenue > Chapter 05 - Corporate Franchise, Income, and Insurance Taxes
Chapter 05 (consolidated)Corporate Franchise, Income, and Insurance TaxesHTML | DOC
SubChapter AHTML | DOC
17 NCAC 05A .0101-.0103REPEALEDHTML | DOC
 
SubChapter BHTML | DOC
17 NCAC 05B .0101-.0103REPEALEDHTML | DOC
17 NCAC 05B .0104INACTIVE CORPORATIONSHTML | DOC
17 NCAC 05B .0105DISSOLUTION OR WITHDRAWAL OF CORPORATE RIGHTSHTML | DOC
17 NCAC 05B .0106REPEALED - PAYMENT OF FRANCHISE TAXESHTML | DOC
17 NCAC 05B .0107EXTENSION OF FILING DATEHTML | DOC
17 NCAC 05B .0108EXPIRED - electronic filing of general business franchise tax returnsHTML | DOC
17 NCAC 05B .0201-.0202REPEALEDHTML | DOC
17 NCAC 05B .0203REPEALED - BILLED FOR THE TAXHTML | DOC
17 NCAC 05B .0301-.0305REPEALEDHTML | DOC
17 NCAC 05B .0401-.0402REPEALEDHTML | DOC
17 NCAC 05B .0403REPEALED - FORM TO BE USED FOR FILINGHTML | DOC
17 NCAC 05B .0501-.0502REPEALEDHTML | DOC
17 NCAC 05B .0503REPEALED - FORM TO BE USED FOR FILINGHTML | DOC
17 NCAC 05B .0601-.0602REPEALEDHTML | DOC
17 NCAC 05B .0603REPEALED - FORM TO BE USED FOR FILINGHTML | DOC
17 NCAC 05B .0701-.0704REPEALEDHTML | DOC
17 NCAC 05B .0801-.0802REPEALEDHTML | DOC
17 NCAC 05B .0803REPEALED - CORPORATION BILLED FOR THE TAXHTML | DOC
17 NCAC 05B .0901-.0902REPEALEDHTML | DOC
17 NCAC 05B .0903REPEALED - CORPORATION BILLED FOR THE TAXHTML | DOC
17 NCAC 05B .1001-.1006REPEALEDHTML | DOC
17 NCAC 05B .1101-.1103REPEALEDHTML | DOC
17 NCAC 05B .1104EXCLUSION OF RETAINED EARNINGS BY PARENT CORPORATIONHTML | DOC
17 NCAC 05B .1105INVESTMENT IN SUBSIDIARYHTML | DOC
17 NCAC 05B .1106-.1107REPEALEDHTML | DOC
17 NCAC 05B .1108EXCLUSION PROVISION LIMITED TO INDEBTEDNESS OWEDHTML | DOC
17 NCAC 05B .1109EQUITY CAPITAL NOT DEDUCTIBLEHTML | DOC
17 NCAC 05B .1110RECIPROCAL INDEBTEDNESS BETWEEN AFFILIATESHTML | DOC
17 NCAC 05B .1111REPEALED - INDEBTEDNESS DEFINEDHTML | DOC
17 NCAC 05B .1112REPEALED - BORROWED CAPITAL DEFINEDHTML | DOC
17 NCAC 05B .1113-.1114REPEALEDHTML | DOC
17 NCAC 05B .1115EXPIRED - CASH BASIS CORPORATIONSHTML | DOC
17 NCAC 05B .1201-.1202REPEALEDHTML | DOC
17 NCAC 05B .1301REPEALED - BASIS FOR THE INVESTMENT BASEHTML | DOC
17 NCAC 05B .1302WHAT IS INCLUDABLE IN THE INVESTMENT BASEHTML | DOC
17 NCAC 05B .1303TREATMENT OF CONSTRUCTION IN PROGRESSHTML | DOC
17 NCAC 05B .1304REPEALED - CARRIER OPERATIONS PROPERTY EXEMPT FROM INVESTMENT BASEHTML | DOC
17 NCAC 05B .1305REPEALED - INDEBTEDNESS DEDUCTIONHTML | DOC
17 NCAC 05B .1306EXPIRED - REFINANCING OF A LOANHTML | DOC
17 NCAC 05B .1307-.1308REPEALEDHTML | DOC
17 NCAC 05B .1309DETERMINATION OF INCLUSION BY DEPRECIATIONHTML | DOC
17 NCAC 05B .1310REPEALED - NO LIMITATION ON HOLDING COMPANIESHTML | DOC
17 NCAC 05B .1401REPEALED - BASIS FOR TANGIBLE PROPERTYHTML | DOC
17 NCAC 05B .1402REPEALED - CARRIER OPERATIONS APPRAISED PROPERTY EXEMPTHTML | DOC
17 NCAC 05B .1403-.1404REPEALEDHTML | DOC
17 NCAC 05B .1405REPEALED - NO LIMITATION ON HOLDING COMPANIESHTML | DOC
17 NCAC 05B .1406INVESTMENT BASE PROPERTY INCLUDEDHTML | DOC
17 NCAC 05B .1501COMPUTATION OF TAXHTML | DOC
17 NCAC 05B .1502COMPUTATION OF TAX WHEN MERGER IS INVOLVEDHTML | DOC
17 NCAC 05B .1601-.1602REPEALEDHTML | DOC
17 NCAC 05B .1701-.1702REPEALEDHTML | DOC
17 NCAC 05B .1703REPEALED - FRANCHISE MOTOR CARRIERSHTML | DOC
17 NCAC 05B .1704REPEALED - REGULATED INVESTMENT COMPANIESHTML | DOC
 
SubChapter CHTML | DOC
17 NCAC 05C .0101DOMESTIC AND FOREIGN CORPORATIONS REQUIRED TO FILEHTML | DOC
17 NCAC 05C .0102DOING BUSINESS DEFINEDHTML | DOC
17 NCAC 05C .0103CORPORATIONS OPERATING IN INTERSTATE COMMERCEHTML | DOC
17 NCAC 05C .0104-.0108REPEALEDHTML | DOC
17 NCAC 05C .0201-.0203REPEALEDHTML | DOC
17 NCAC 05C .0301-.0303REPEALEDHTML | DOC
17 NCAC 05C .0304ATTRIBUTION OF EXPENSES TO NONTAXABLE INCOMEHTML | DOC
17 NCAC 05C .0401NORTH CAROLINA OBLIGATIONSHTML | DOC
17 NCAC 05C .0402OBLIGATIONS OF OTHER STATESHTML | DOC
17 NCAC 05C .0403U.S. OBLIGATIONSHTML | DOC
17 NCAC 05C .0404SALES OR EXCHANGESHTML | DOC
17 NCAC 05C .0405OBLIGATIONS OF FEDERAL NATIONAL MORTGAGE ASSOCIATIONHTML | DOC
17 NCAC 05C .0406MORTGAGE BACKED CERTIFICATE GUARANTEED BY GNMAHTML | DOC
17 NCAC 05C .0407REPURCHASE AGREEMENTSHTML | DOC
17 NCAC 05C .0501-.0502REPEALEDHTML | DOC
17 NCAC 05C .0601PRELIMINARY STATEMENTHTML | DOC
17 NCAC 05C .0602DEFINITION OF TAXPAYERHTML | DOC
17 NCAC 05C .0603REPEALED - IN GENERALHTML | DOC
17 NCAC 05C .0604WHEN A TAXPAYER IS SUBJECT TO TAXHTML | DOC
17 NCAC 05C .0605WHEN A STATE HAS JURISDICTIONHTML | DOC
17 NCAC 05C .0701DIVISION OF INCOME: IN GENERALHTML | DOC
17 NCAC 05C .0702REPEALED - BUSINESS AND NONBUSINESS INCOME DEFINEDHTML | DOC
17 NCAC 05C .0703REPEALED - BUSINESS AND NONBUSINESS INCOMEHTML | DOC
17 NCAC 05C .0704PRORATION OF DEDUCTIONSHTML | DOC
17 NCAC 05C .0801IN GENERALHTML | DOC
17 NCAC 05C .0802PROPERTY USED FOR THE PRODUCTION OF APPORTIONABLE INCOMEHTML | DOC
17 NCAC 05C .0803CONSISTENCY IN REPORTINGHTML | DOC
17 NCAC 05C .0804NUMERATORHTML | DOC
17 NCAC 05C .0805VALUATION OF OWNED PROPERTYHTML | DOC
17 NCAC 05C .0806-.0807REPEALEDHTML | DOC
17 NCAC 05C .0901REPEALED - IN GENERALHTML | DOC
17 NCAC 05C .0902PAYROLL ACCOUNTING METHODHTML | DOC
17 NCAC 05C .0903COMPENSATIONHTML | DOC
17 NCAC 05C .0904REPEALED - THE TERM EMPLOYEEHTML | DOC
17 NCAC 05C .0905REPEALED - INCLUDE IN PAYROLL FACTORHTML | DOC
17 NCAC 05C .0906DENOMINATOR OF PAYROLL FACTORHTML | DOC
17 NCAC 05C .0907NUMERATOR OF PAYROLL FACTORHTML | DOC
17 NCAC 05C .0908CORPORATIONS UTILIZING COMMON PAYMASTERHTML | DOC
17 NCAC 05C .1001SALES MADE IN GENERAL BUSINESS OPERATIONSHTML | DOC
17 NCAC 05C .1002SALES INCIDENTAL TO GENERAL BUSINESS OPERATIONSHTML | DOC
17 NCAC 05C .1003SALES MADE IN OTHER TYPE OF BUSINESS ACTIVITYHTML | DOC
17 NCAC 05C .1004NUMERATORHTML | DOC
17 NCAC 05C .1005WHAT SALES OF TANGIBLE PERSONAL PROPERTY ARE IN THIS STATEHTML | DOC
17 NCAC 05C .1006SALES FACTOR: SALES TO UNITED STATES GOVERNMENTHTML | DOC
17 NCAC 05C .1007REPEALED - NUMERATOR: OTHER RECEIPTS CONSTITUTING BUSINESS INCOMEHTML | DOC
17 NCAC 05C .1101-.1105REPEALEDHTML | DOC
17 NCAC 05C .1201-.1206REPEALEDHTML | DOC
17 NCAC 05C .1301-.1302REPEALEDHTML | DOC
17 NCAC 05C .1401PRELIMINARY STATEMENTHTML | DOC
17 NCAC 05C .1402TAX-EXEMPT BONDSHTML | DOC
17 NCAC 05C .1403TAXABLE BONDSHTML | DOC
17 NCAC 05C .1404DEFINITION OF BONDHTML | DOC
17 NCAC 05C .1501-.1505REPEALEDHTML | DOC
17 NCAC 05C .1506CORPORATIONS APPORTIONING THEIR NET INCOMEHTML | DOC
17 NCAC 05C .1507EXPIRED - CORPORATION SUSTAINING LOSS ENTITLED TO DEDUCTIONHTML | DOC
17 NCAC 05C .1601-.1606REPEALEDHTML | DOC
17 NCAC 05C .1701REPORTING PARTNERSHIP NET INCOMEHTML | DOC
17 NCAC 05C .1702APPORTIONABLE INCOME OR NONAPPORTIONABLE INCOMEHTML | DOC
17 NCAC 05C .1801-.1806REPEALEDHTML | DOC
17 NCAC 05C .1901-.1903REPEALEDHTML | DOC
17 NCAC 05C .1904OVERPAYMENTS APPLIED TO NEXT YEARHTML | DOC
17 NCAC 05C .1905electronic filing of corporation income tax returnsHTML | DOC
17 NCAC 05C .2001-.2002REPEALEDHTML | DOC
17 NCAC 05C .2003REPEALED - INTEREST AND PENALTIESHTML | DOC
17 NCAC 05C .2004EXTENSION OF FILING DATEHTML | DOC
17 NCAC 05C .2101REQUIREMENTS WHEN CORPORATION ENDSHTML | DOC
17 NCAC 05C .2102REPEALED - WITHDRAWALS/FILING REQUIREMENTSHTML | DOC
17 NCAC 05C .2201-.2207REPEALEDHTML | DOC
17 NCAC 05C .2301-.2304REPEALEDHTML | DOC
17 NCAC 05C .2401DOING BUSINESS ACTIVITIES OF DISCHTML | DOC
17 NCAC 05C .2402REPEALED - DETERMINATION OF DISC NET INCOMEHTML | DOC
17 NCAC 05C .2403APPORTIONMENT OF DISC NET INCOMEHTML | DOC
17 NCAC 05C .2404DIVIDENDS RECEIVED FROM DISCHTML | DOC
17 NCAC 05C .2405REPEALED - EARNINGS OF DISC NOT PREVIOUSLY TAXEDHTML | DOC
17 NCAC 05C .2501-.2504REPEALEDHTML | DOC
17 NCAC 05C .2601REPEALED - REINSTATEMENT OF CORPORATE CHARTERHTML | DOC
 
SubChapter DHTML | DOC
17 NCAC 05D .0101-.0106REPEALEDHTML | DOC
17 NCAC 05D .0107PURPOSEHTML | DOC
17 NCAC 05D .0108WHO MAY SUBMIT REQUESTHTML | DOC
17 NCAC 05D .0109REQUEST FOR ALTERNATIVE APPORTIONMENT FORMULAHTML | DOC
17 NCAC 05D .0110TIME FOR FILINGHTML | DOC
17 NCAC 05D .0111NOTICE OF CONFERENCEHTML | DOC
17 NCAC 05D .0112WHO SHALL ATTEND THE CONFERENCEHTML | DOC
17 NCAC 05D .0113CONDUCT OF THE CONFERENCEHTML | DOC
17 NCAC 05D .0114REMEDYHTML | DOC
17 NCAC 05D .0115FINAL DECISIONHTML | DOC
 
SubChapter EHTML | DOC
17 NCAC 05E .0101REDUCED INSTALLMENT PAYMENTSHTML | DOC
17 NCAC 05E .0102REPEALED - ADDITIONAL FIRE AND LIGHTNING TAXESHTML | DOC
17 NCAC 05E .0103PREMIUM FINANCE CHARGES AND OTHER CHARGESHTML | DOC
17 NCAC 05E .0104DIVIDENDS APPLIED TO PURCHASE ADDITIONAL PAID-UP LIFEHTML | DOC
17 NCAC 05E .0105REPEALED - GROUP PREMIUMSHTML | DOC
17 NCAC 05E .0106EMPLOYEE BENEFIT PLAN CONTRIBUTIONSHTML | DOC
 
SubChapter FHTML | DOC
17 NCAC 05F .0101scopeHTML | DOC
17 NCAC 05F .0102DEFINITIONSHTML | DOC
17 NCAC 05F .0201ECONOMIC SUBSTANCE TEST BURDEN OF PROOFHTML | DOC
17 NCAC 05F .0202REASONABLE BUSINESS PURPOSESHTML | DOC
17 NCAC 05F .0203ECONOMIC EFFECTSHTML | DOC
17 NCAC 05F .0204ECONOMIC SUBSTANCE DOCTRINEHTML | DOC
17 NCAC 05F .0205ECONOMIC SUBSTANCE FACTORSHTML | DOC
17 NCAC 05F .0206WHEN STATE INCOME TAX Benefits ARE CONSIDEREDHTML | DOC
17 NCAC 05F .0207Centralized Cash ManagementHTML | DOC
17 NCAC 05F .0301DETERMINATION OF FAIR MARKET VALUEHTML | DOC
17 NCAC 05F .0401ADJUSTMENTS TO STATE NET INCOMEHTML | DOC
17 NCAC 05F .0501METHODOLOGY WHEN COMBINed ReTURN REQUIRED OR PERMITTEDHTML | DOC
17 NCAC 05F .0502PROCEDURES FOR FILING A COMBINED INCOME TAX RETURNHTML | DOC
17 NCAC 05F .0503COMBINED RETURN TAX CREDITSHTML | DOC
17 NCAC 05F .0601PROCEDURES FOR FILING A FRANCHISE TAX RETURNHTML | DOC
 
SubChapter GHTML | DOC
17 NCAC 05G .0101scopeHTML | DOC
17 NCAC 05G .0102DEFINITIONSHTML | DOC
17 NCAC 05G .0201assignment of receipts from sales of other than tangible personal propertyHTML | DOC
17 NCAC 05G .0301In generalHTML | DOC
17 NCAC 05G .0302approximation based upon known salesHTML | DOC
17 NCAC 05G .0303related entity transactionsHTML | DOC
17 NCAC 05G .0401Allocated Gross receiptsHTML | DOC
17 NCAC 05G .0402Unassignable gross receiptsHTML | DOC
17 NCAC 05G .0501Alternative ApportionmentHTML | DOC
17 NCAC 05G .0502original returnsHTML | DOC
17 NCAC 05G .0503Secretary's authority to adjust a taxpayer's returnHTML | DOC
17 NCAC 05G .0504taxpayer authority to change a method of assignment on a prospective basisHTML | DOC
17 NCAC 05G .0505Secretary authority to change a method of assignment on a prospective basisHTML | DOC
17 NCAC 05G .0601examplesHTML | DOC
17 NCAC 05G .0701IN GENERALHTML | DOC
17 NCAC 05G .0801in generalHTML | DOC
17 NCAC 05G .0802assignment of receipts from sale of in-person servicesHTML | DOC
17 NCAC 05G .0803reasonable approximationHTML | DOC
17 NCAC 05G .0901in generalHTML | DOC
17 NCAC 05G .0902assignment of receipts from sales of services delivered to the customer or on behalf of the customer, or deliveredHTML | DOC
17 NCAC 05G .0903delivery to or on behalf of a customer by physical means, whether to an individual or business customerHTML | DOC
17 NCAC 05G .0904delivery to customer by electronic transmissionHTML | DOC
17 NCAC 05G .0905services delivered electronically through or on behalf of an individual or business customerHTML | DOC
17 NCAC 05G .1001in generalHTML | DOC
17 NCAC 05G .1002Overlap with Other Categories of ServicesHTML | DOC
17 NCAC 05G .1003Assignment of ReceiptsHTML | DOC
17 NCAC 05G .1004professional services other than architectural or engineering servicesHTML | DOC
17 NCAC 05G .1005architectural or engineering services with respect to Real or Tangible Personal PropertyHTML | DOC
17 NCAC 05G .1006Related entity transactionsHTML | DOC
17 NCAC 05G .1101In GeneralHTML | DOC
17 NCAC 05G .1102License of a Marketing intangibleHTML | DOC
17 NCAC 05G .1103License of a production IntangibleHTML | DOC
17 NCAC 05G .1104License of a mixed IntangibleHTML | DOC
17 NCAC 05G .1105License of Intangible property when substance of the transaction resembles a sale of goodsHTML | DOC
17 NCAC 05G .1201assignment of receiptsHTML | DOC
17 NCAC 05G .1301software transactionsHTML | DOC
17 NCAC 05G .1302sales oR licenses oF digital goods and servicesHTML | DOC
17 NCAC 05G .1303telecommunications companiesHTML | DOC
 
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