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N.C. General Assembly Waives Interest on Tax Payments and Extends Other Deadlines

As part of a broad $1.57 billion COVID-19 relief package approved Saturday, the North Carolina General Assembly has directed Secretary of Revenue Ronald Penny to waive interest on certain tax payments that were originally due...more

Corporate Tax Changes in North Carolina Budget Bill

The North Carolina General Assembly unveiled the state budget late Monday night – 76 days after it was due. Contained in the 429 pages are a number of proposed changes to the corporate income and franchise tax....more

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