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North Carolina Administrative Code (Last Updated: November 13, 2014) |
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TITLE 17. REVENUE |
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CHAPTER 05. CORPORATE FRANCHISE, INCOME, AND INSURANCE TAXES |
| SUBCHAPTER A. DIVISIONAL RULES |
| 17 NCAC 05A .0101-.0103. REPEALED |
| SUBCHAPTER B. FRANCHISE TAX |
| 17 NCAC 05B .0101-.0103. REPEALED |
| 17 NCAC 05B .0104. INACTIVE CORPORATIONS |
| 17 NCAC 05B .0105. DISSOLUTION OR WITHDRAWAL OF CORPORATE RIGHTS |
| 17 NCAC 05B .0106. PAYMENT OF FRANCHISE TAXES [REPEALED] |
| 17 NCAC 05B .0107. EXTENSION OF FILING DATE |
| 17 NCAC 05B .0108. ELECTRONIC FILING OF GENERAL BUSINESS FRANCHISE TAX RETURNS |
| 17 NCAC 05B .0201-.0202. REPEALED |
| 17 NCAC 05B .0203. BILLED FOR THE TAX [REPEALED] |
| 17 NCAC 05B .0301-.0305. REPEALED |
| 17 NCAC 05B .0401-.0402. REPEALED |
| 17 NCAC 05B .0403. FORM TO BE USED FOR FILING [REPEALED] |
| 17 NCAC 05B .0501-.0502. REPEALED |
| 17 NCAC 05B .0503. FORM TO BE USED FOR FILING [REPEALED] |
| 17 NCAC 05B .0601-.0602. REPEALED |
| 17 NCAC 05B .0603. FORM TO BE USED FOR FILING [REPEALED] |
| 17 NCAC 05B .0701-.0704. REPEALED |
| 17 NCAC 05B .0801-.0802. REPEALED |
| 17 NCAC 05B .0803. CORPORATION BILLED FOR THE TAX [REPEALED] |
| 17 NCAC 05B .0901-.0902. REPEALED |
| 17 NCAC 05B .0903. CORPORATION BILLED FOR THE TAX [REPEALED] |
| 17 NCAC 05B .1001-.1006. REPEALED |
| 17 NCAC 05B .1101-.1103. REPEALED |
| 17 NCAC 05B .1104. EXCLUSION OF RETAINED EARNINGS BY PARENT CORPORATION |
| 17 NCAC 05B .1105. INVESTMENT IN SUBSIDIARY |
| 17 NCAC 05B .1106-.1107. REPEALED |
| 17 NCAC 05B .1108. EXCLUSION PROVISION LIMITED TO INDEBTEDNESS OWED |
| 17 NCAC 05B .1109. EQUITY CAPITAL NOT DEDUCTIBLE |
| 17 NCAC 05B .1110. RECIPROCAL INDEBTEDNESS BETWEEN AFFILIATES |
| 17 NCAC 05B .1111. INDEBTEDNESS DEFINED [REPEALED] |
| 17 NCAC 05B .1112. BORROWED CAPITAL DEFINED [REPEALED] |
| 17 NCAC 05B .1113-.1114. REPEALED |
| 17 NCAC 05B .1115. CASH BASIS CORPORATIONS |
| 17 NCAC 05B .1201-.1202. REPEALED |
| 17 NCAC 05B .1301. BASIS FOR THE INVESTMENT BASE [REPEALED] |
| 17 NCAC 05B .1302. WHAT IS INCLUDABLE IN THE INVESTMENT BASE |
| 17 NCAC 05B .1303. TREATMENT OF CONSTRUCTION IN PROGRESS |
| 17 NCAC 05B .1304. CARRIER OPERATIONS PROPERTY EXEMPT FROM INVESTMENT BASE [REPEALED] |
| 17 NCAC 05B .1305. INDEBTEDNESS DEDUCTION [REPEALED] |
| 17 NCAC 05B .1306. REFINANCING OF A LOAN |
| 17 NCAC 05B .1307-.1308. REPEALED |
| 17 NCAC 05B .1309. DETERMINATION OF INCLUSION BY DEPRECIATION |
| 17 NCAC 05B .1310. NO LIMITATION ON HOLDING COMPANIES [REPEALED] |
| 17 NCAC 05B .1401. BASIS FOR TANGIBLE PROPERTY [REPEALED] |
| 17 NCAC 05B .1402. CARRIER OPERATIONS APPRAISED PROPERTY EXEMPT [REPEALED] |
| 17 NCAC 05B .1403-.1404. REPEALED |
| 17 NCAC 05B .1405. NO LIMITATION ON HOLDING COMPANIES [REPEALED] |
| 17 NCAC 05B .1406. INVESTMENT BASE PROPERTY INCLUDED |
| 17 NCAC 05B .1501. COMPUTATION OF TAX |
| 17 NCAC 05B .1502. COMPUTATION OF TAX WHEN MERGER IS INVOLVED |
| 17 NCAC 05B .1601-.1602. REPEALED |
| 17 NCAC 05B .1701-.1702. REPEALED |
| 17 NCAC 05B .1703. FRANCHISE MOTOR CARRIERS [REPEALED] |
| 17 NCAC 05B .1704. REGULATED INVESTMENT COMPANIES [REPEALED] |
| SUBCHAPTER C. CORPORATE INCOME TAX |
| 17 NCAC 05C .0101. DOMESTIC AND FOREIGN CORPORATIONS REQUIRED TO FILE |
| 17 NCAC 05C .0102. DOING BUSINESS DEFINED |
| 17 NCAC 05C .0103. CORPORATIONS OPERATING IN INTERSTATE COMMERCE |
| 17 NCAC 05C .0104-.0108. REPEALED |
| 17 NCAC 05C .0201-.0203. REPEALED |
| 17 NCAC 05C .0301-.0303. REPEALED |
| 17 NCAC 05C .0304. ATTRIBUTION OF EXPENSES TO NONTAXABLE INCOME |
| 17 NCAC 05C .0401. NORTH CAROLINA OBLIGATIONS |
| 17 NCAC 05C .0402. OBLIGATIONS OF OTHER STATES |
| 17 NCAC 05C .0403. U.S. OBLIGATIONS |
| 17 NCAC 05C .0404. SALES OR EXCHANGES |
| 17 NCAC 05C .0405. OBLIGATIONS OF FEDERAL NATIONAL MORTGAGE ASSOCIATION |
| 17 NCAC 05C .0406. MORTGAGE BACKED CERTIFICATE GUARANTEED BY GNMA |
| 17 NCAC 05C .0407. REPURCHASE AGREEMENTS |
| 17 NCAC 05C .0501-.0502. REPEALED |
| 17 NCAC 05C .0601. PRELIMINARY STATEMENT |
| 17 NCAC 05C .0602. DEFINITION OF TAXPAYER |
| 17 NCAC 05C .0603. IN GENERAL [REPEALED] |
| 17 NCAC 05C .0604. WHEN A TAXPAYER IS SUBJECT TO TAX |
| 17 NCAC 05C .0605. WHEN A STATE HAS JURISDICTION |
| 17 NCAC 05C .0701. DIVISION OF INCOME: IN GENERAL |
| 17 NCAC 05C .0702. BUSINESS AND NONBUSINESS INCOME DEFINED [REPEALED] |
| 17 NCAC 05C .0703. BUSINESS AND NONBUSINESS INCOME [REPEALED] |
| 17 NCAC 05C .0704. PRORATION OF DEDUCTIONS |
| 17 NCAC 05C .0801. IN GENERAL |
| 17 NCAC 05C .0802. PROPERTY USED FOR THE PRODUCTION OF APPORTIONABLE INCOME |
| 17 NCAC 05C .0803. CONSISTENCY IN REPORTING |
| 17 NCAC 05C .0804. NUMERATOR |
| 17 NCAC 05C .0805. VALUATION OF OWNED PROPERTY |
| 17 NCAC 05C .0806-.0807. REPEALED |
| 17 NCAC 05C .0901. IN GENERAL [REPEALED] |
| 17 NCAC 05C .0902. PAYROLL ACCOUNTING METHOD |
| 17 NCAC 05C .0903. COMPENSATION |
| 17 NCAC 05C .0904. THE TERM EMPLOYEE [REPEALED] |
| 17 NCAC 05C .0905. INCLUDE IN PAYROLL FACTOR [REPEALED] |
| 17 NCAC 05C .0906. DENOMINATOR OF PAYROLL FACTOR |
| 17 NCAC 05C .0907. NUMERATOR OF PAYROLL FACTOR |
| 17 NCAC 05C .0908. CORPORATIONS UTILIZING COMMON PAYMASTER |
| 17 NCAC 05C .1001. SALES MADE IN GENERAL BUSINESS OPERATIONS |
| 17 NCAC 05C .1002. SALES INCIDENTAL TO GENERAL BUSINESS OPERATIONS |
| 17 NCAC 05C .1003. SALES MADE IN OTHER TYPE OF BUSINESS ACTIVITY |
| 17 NCAC 05C .1004. NUMERATOR |
| 17 NCAC 05C .1005. WHAT SALES OF TANGIBLE PERSONAL PROPERTY ARE IN THIS STATE |
| 17 NCAC 05C .1006. SALES FACTOR: SALES TO UNITED STATES GOVERNMENT |
| 17 NCAC 05C .1007. NUMERATOR: OTHER RECEIPTS CONSTITUTING BUSINESS INCOME [REPEALED] |
| 17 NCAC 05C .1101-.1105. REPEALED |
| 17 NCAC 05C .1201-.1206. REPEALED |
| 17 NCAC 05C .1301-.1302. REPEALED |
| 17 NCAC 05C .1401. PRELIMINARY STATEMENT |
| 17 NCAC 05C .1402. TAX‑EXEMPT BONDS |
| 17 NCAC 05C .1403. TAXABLE BONDS |
| 17 NCAC 05C .1404. DEFINITION OF BOND |
| 17 NCAC 05C .1501-.1505. REPEALED |
| 17 NCAC 05C .1506. CORPORATIONS ALLOCATING THEIR NET INCOME |
| 17 NCAC 05C .1507. CORPORATION SUSTAINING LOSS ENTITLED TO DEDUCTION |
| 17 NCAC 05C .1601-.1606. REPEALED |
| 17 NCAC 05C .1701. REPORTING PARTNERSHIP NET INCOME |
| 17 NCAC 05C .1702. APPORTIONABLE INCOME OR NONAPPORTIONABLE INCOME |
| 17 NCAC 05C .1801-.1806. REPEALED |
| 17 NCAC 05C .1901-.1903. REPEALED |
| 17 NCAC 05C .1904. OVERPAYMENTS APPLIED TO NEXT YEAR |
| 17 NCAC 05C .1905. ELECTRONIC FILING OF CORPORATION INCOME TAX RETURNS |
| 17 NCAC 05C .2001-.2002. REPEALED |
| 17 NCAC 05C .2003. INTEREST AND PENALTIES [REPEALED] |
| 17 NCAC 05C .2004. EXTENSION OF FILING DATE |
| 17 NCAC 05C .2101. REQUIREMENTS WHEN CORPORATION ENDS |
| 17 NCAC 05C .2102. WITHDRAWALS/FILING REQUIREMENTS [REPEALED] |
| 17 NCAC 05C .2201-.2207. REPEALED |
| 17 NCAC 05C .2301-.2304. REPEALED |
| 17 NCAC 05C .2401. DOING BUSINESS ACTIVITIES OF DISC |
| 17 NCAC 05C .2402. DETERMINATION OF DISC NET INCOME [REPEALED] |
| 17 NCAC 05C .2403. APPORTIONMENT OF DISC NET INCOME |
| 17 NCAC 05C .2404. DIVIDENDS RECEIVED FROM DISC |
| 17 NCAC 05C .2405. EARNINGS OF DISC NOT PREVIOUSLY TAXED [REPEALED] |
| 17 NCAC 05C .2501-.2504. REPEALED |
| 17 NCAC 05C .2601. REINSTATEMENT OF CORPORATE CHARTER [REPEALED] |
| SUBCHAPTER D. ALTERNATIVE APPORTIONMENT METHOD |
| 17 NCAC 05D .0101-.0106. REPEALED |
| 17 NCAC 05D .0107. PURPOSE |
| 17 NCAC 05D .0108. WHO MAY SUBMIT REQUEST |
| 17 NCAC 05D .0109. REQUEST FOR ALTERNATIVE APPORTIONMENT FORMULA |
| 17 NCAC 05D .0110. TIME FOR FILING |
| 17 NCAC 05D .0111. NOTICE OF CONFERENCE |
| 17 NCAC 05D .0112. WHO SHALL ATTEND THE CONFERENCE |
| 17 NCAC 05D .0113. CONDUCT OF THE CONFERENCE |
| 17 NCAC 05D .0114. REMEDY |
| 17 NCAC 05D .0115. FINAL DECISION |
| SUBCHAPTER E. INSURANCE PREMIUMS TAX AND REGULATORY SURCHARGE |
| 17 NCAC 05E .0101. REDUCED INSTALLMENT PAYMENTS |
| 17 NCAC 05E .0102. ADDITIONAL FIRE AND LIGHTNING TAXES [REPEALED] |
| 17 NCAC 05E .0103. PREMIUM FINANCE CHARGES AND OTHER CHARGES |
| 17 NCAC 05E .0104. DIVIDENDS APPLIED TO PURCHASE ADDITIONAL PAID‑UP LIFE |
| 17 NCAC 05E .0105. GROUP PREMIUMS [REPEALED] |
| 17 NCAC 05E .0106. EMPLOYEE BENEFIT PLAN CONTRIBUTIONS |
| SUBCHAPTER F. SECRETARY’S AUTHORITY TO ADJUST NET INCOME OR TO REQUIRE A COMBINED RETURN |
| 17 NCAC 05F .0101. SCOPE |
| 17 NCAC 05F .0102. DEFINITIONS |
| 17 NCAC 05F .0201. ECONOMIC SUBSTANCE TEST BURDEN OF PROOF |
| 17 NCAC 05F .0202. REASONABLE BUSINESS PURPOSES |
| 17 NCAC 05F .0203. ECONOMIC EFFECTS |
| 17 NCAC 05F .0204. ECONOMIC SUBSTANCE DOCTRINE |
| 17 NCAC 05F .0205. ECONOMIC SUBSTANCE FACTORS |
| 17 NCAC 05F .0206. WHEN STATE INCOME TAX BENEFITS ARE CONSIDERED |
| 17 NCAC 05F .0207. CENTRALIZED CASH MANAGEMENT |
| 17 NCAC 05F .0301. DETERMINATION OF FAIR MARKET VALUE |
| 17 NCAC 05F .0401. ADJUSTMENTS TO STATE NET INCOME |
| 17 NCAC 05F .0501. METHODOLOGY WHEN COMBINED RETURN REQUIRED OR PERMITTED |
| 17 NCAC 05F .0502. PROCEDURES FOR FILING A COMBINED INCOME TAX RETURN |
| 17 NCAC 05F .0503. COMBINED RETURN TAX CREDITS |
| 17 NCAC 05F .0601. PROCEDURES FOR FILING A FRANCHISE TAX RETURN |