17 NCAC 05B .1303 TREATMENT OF CONSTRUCTION IN PROGRESS
Construction in progress is excluded from the tangible properties base in G.S. 105-122 only if such property is not owned by the corporation filing the return.
History Note: Authority G.S. 105‑122; 105‑262;
Eff. February 1, 1976;
Amended Eff. January 1, 1994;
Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. August 19, 2017.