On November 8, 2019, North Carolina Governor Roy Cooper signed legislation adopting market-based sourcing for corporate income tax apportionment purposes and requiring marketplace facilitators to collect and remit sales and use tax.
The N.C. Department of Revenue recently published Form E-505 which summarizes recent sales and use tax law changes enacted by the 2019 Session of the General Assembly.
Recently, the Secretary of Revenue announced an automatic waiver of penalties associated with the failure to file Form NC-3 and the required W-2 and 1099 statements electronically for tax year 2019.
On July 26, 2019, North Carolina Governor Roy Cooper signed legislation making various technical, clarifying, and administrative changes to sales and use tax laws. Click here for a summary of these recent changes.
To list or not to list? Seems like a simple enough question. Should software be included in your annual business personal property tax listing? Read this article to find out.
