17 NCAC 05E .0106          EMPLOYEE BENEFIT PLAN CONTRIBUTIONS

Insurance company contributions or subsidies in the self‑insurance of life and accident and health insurance coverage as an employee benefit plan are not taxable under G.S. 105‑228.5.

History Note:        Authority G.S. 105‑228.5; 105-262;

Eff. February 1, 1976;

Readopted Eff. February 28, 1978;

Transferred & Recodified from 11 NCAC 11E .0305 Eff. January 15, 1998;

Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. August 19, 2017.