Article

Income Tax

N.C. Gen. Stat. § 105-130— Short title
N.C. Gen. Stat. § 105-130.1— Purpose
N.C. Gen. Stat. § 105-130.2— Definitions
N.C. Gen. Stat. § 105-130.3— Corporations
N.C. Gen. Stat. § 105-130.4— Allocation and apportionment of income for corporations
N.C. Gen. Stat. § 105-130.4A— Market-based sourcing for wholesale content distributors
N.C. Gen. Stat. § 105-130.4B— Market-based sourcing for banks
N.C. Gen. Stat. § 105-130.5— Adjustments to federal taxable income in determining State net income
N.C. Gen. Stat. § 105-130.5A— Secretary's authority to adjust net income or require a combined return
N.C. Gen. Stat. § 105-130.5B— Adjustments when State decouples from federal accelerated depreciation and expensing
N.C. Gen. Stat. § 105-130.7A— Royalty income reporting option
N.C. Gen. Stat. § 105-130.7B— Limitation on qualified interest for certain indebtedness
N.C. Gen. Stat. § 105-130.8— Repealed by Session Laws 2014-3, s. 1.1(b), effective for taxable years beginning on or after January 1, 2015
N.C. Gen. Stat. § 105-130.8A— Net loss provisions
N.C. Gen. Stat. § 105-130.9— Contributions
N.C. Gen. Stat. § 105-130.10— Repealed by Session Laws 2015-241, s. 32.13(c), effective for taxable years beginning on or after January 1, 2016
N.C. Gen. Stat. § 105-130.10A— Amortization of equipment mandated by OSHA
N.C. Gen. Stat. § 105-130.11— Conditional and other exemptions
N.C. Gen. Stat. § 105-130.12— Real estate investment trusts
N.C. Gen. Stat. § 105-130.14— Corporations filing consolidated returns for federal income tax purposes
N.C. Gen. Stat. § 105-130.15— Basis of return of net income
N.C. Gen. Stat. § 105-130.16— Returns
N.C. Gen. Stat. § 105-130.17— Time and place of filing returns
N.C. Gen. Stat. § 105-130.19— When tax must be paid
N.C. Gen. Stat. § 105-130.20— Federal determinations and amended returns
N.C. Gen. Stat. § 105-130.21— Information at the source
N.C. Gen. Stat. § 105-130.23— Repealed by Session Laws 1999-342, s. 1, effective for taxable years beginning on or after January 1, 2000
N.C. Gen. Stat. § 105-130.24— Repealed by Session Laws 1983 (Regular Session, 1984), c. 1004, s. 2
N.C. Gen. Stat. § 105-130.25— Credit against corporate income tax for construction of cogenerating power plants
N.C. Gen. Stat. § 105-130.26— Repealed by Session Laws 1999-342, s. 1, effective for taxable years beginning on or after January 1, 2000
N.C. Gen. Stat. § 105-130.27A— Repealed by Session Laws 1999-342, s. 1, effective for taxable years beginning on or after January 1, 2000
N.C. Gen. Stat. § 105-130.34— Recodified as G.S. 105-130.34A by Session Laws 2025-4
N.C. Gen. Stat. § 105-130.34A— (Effective for taxable years beginning on or after January 1, 2025, until January 1, 2027 - see note) Credit for certain real property donations
N.C. Gen. Stat. § 105-130.45— Repealed by Session Laws 1999-333, s. 10, effective for cigarettes exported on or after January 1, 2018
N.C. Gen. Stat. § 105-130.46— (See notes for expiration date) Credit for manufacturing cigarettes for exportation while increasing employment and utilizing State Ports
N.C. Gen. Stat. § 105-131— Title; definitions; interpretation
N.C. Gen. Stat. § 105-131.1— Taxation of an S Corporation and its shareholders
N.C. Gen. Stat. § 105-131.1A— Taxation of S Corporation as a taxed pass-through entity
N.C. Gen. Stat. § 105-131.2— Adjustment and characterization of income
N.C. Gen. Stat. § 105-131.3— Basis and adjustments
N.C. Gen. Stat. § 105-131.4— Carryforwards; carrybacks; loss limitation
N.C. Gen. Stat. § 105-131.5— Part-year resident shareholder
N.C. Gen. Stat. § 105-131.6— Distributions
N.C. Gen. Stat. § 105-131.7— Returns; shareholder agreements; mandatory withholding
N.C. Gen. Stat. § 105-131.8— Tax credits
N.C. Gen. Stat. § 105-133— (Recodified for taxable years beginning on or after January 1, 2014 - see editor's note) Short title
N.C. Gen. Stat. § 105-134— (Recodified for taxable years beginning on or after January 1, 2014 - see editor's note) Purpose
N.C. Gen. Stat. § 105-150— Repealed by Session Laws 1973, c. 1287, s. 5
N.C. Gen. Stat. § 105-151— (Recodified effective for taxable years beginning on or after January 1, 2014) Tax credits for income taxes paid to other states by individuals
N.C. Gen. Stat. § 105-151.2— Repealed by Session Laws 1999-342, s. 1, effective for taxable years beginning on or after January 1, 2000
N.C. Gen. Stat. § 105-151.3— Repealed by Session Laws 1983 (Regular Session 1984), c. 1004, s. 2
N.C. Gen. Stat. § 105-151.5— Repealed by Session Laws 1999-342, s. 1, effective for taxable years beginning on or after January 1, 2000
N.C. Gen. Stat. § 105-151.12— Reenacted and recodified as G.S. 105-153.11, effective for taxable years beginning on or after January 1, 2025, for donations made on or after January 1, 2025, and expires for taxable years beginning on or after January 1, 2027, for donations made on or after January 1, 2027
N.C. Gen. Stat. § 105-153— Repealed by Session Laws 1967, c. 1110, s. 3
N.C. Gen. Stat. § 105-153.1— Short title
N.C. Gen. Stat. § 105-153.2— Purpose
N.C. Gen. Stat. § 105-153.3— Definitions
N.C. Gen. Stat. § 105-153.4— North Carolina taxable income defined
N.C. Gen. Stat. § 105-153.5— Modifications to adjusted gross income
N.C. Gen. Stat. § 105-153.5A— Net operating loss provisions
N.C. Gen. Stat. § 105-153.6— Adjustments when State decouples from federal accelerated depreciation and expensing
N.C. Gen. Stat. § 105-153.7— Individual income tax imposed
N.C. Gen. Stat. § 105-153.8— Income tax returns
N.C. Gen. Stat. § 105-153.8A— (Effective January 1, 2027) Organ and tissue donor election on income tax returns
N.C. Gen. Stat. § 105-153.9— (Effective for taxable years beginning on or after January 1, 2023) Tax credits for income taxes paid to other states by individuals
N.C. Gen. Stat. § 105-153.11— (Effective for taxable years beginning on or after January 1, 2025, until January 1, 2027 - see note) Credit for certain real property donations
N.C. Gen. Stat. § 105-154— Information at the source returns
N.C. Gen. Stat. § 105-154.1— (Effective for taxable years beginning on or after January 1, 2022) Taxation of partnership as a taxed pass-through entity
N.C. Gen. Stat. § 105-155— Time and place of filing returns; extensions; affirmation
N.C. Gen. Stat. § 105-157— When tax must be paid
N.C. Gen. Stat. § 105-158— Taxation of certain Armed Forces personnel and other individuals upon death
N.C. Gen. Stat. § 105-159— Federal determinations and amended returns
N.C. Gen. Stat. § 105-160— Short title
N.C. Gen. Stat. § 105-160.1— Definitions
N.C. Gen. Stat. § 105-160.2— Imposition of tax
N.C. Gen. Stat. § 105-160.3— Tax credits
N.C. Gen. Stat. § 105-160.4— Tax credits for income taxes paid to other states by estates and trusts
N.C. Gen. Stat. § 105-160.5— Returns
N.C. Gen. Stat. § 105-160.6— Time and place of filing returns
N.C. Gen. Stat. § 105-160.7— When tax must be paid
N.C. Gen. Stat. § 105-160.8— Federal determinations