N.C. Gen. Stat. » Chapter 105

N.C. Gen. Stat. § 105-1

Title and purpose of Subchapter

Find cases: SyfertCases citing this section NCLEGncleg.gov (official) JustiaChapter 105 CornellLII Search CasesGoogle Scholar

The title of this Subchapter shall be "The Revenue Act." The purpose of this Subchapter shall be to raise and provide revenue for the necessary uses and purposes of the government and State of North Carolina during the next biennium and each biennium thereafter, and the provisions of this Subchapter shall be and remain in full force and effect until changed by law. It is the policy of this State that as many State taxes as possible be structured so that they are deductible for federal income tax purposes under the Internal Revenue Code. (1939, c. 158, ss. A, B; 1941, c. 50, s. 1; 1983 (Reg. Sess., 1984), c. 1097, s. 1.)

 

Notes of Decisions
Cited in 9 cases, 1961–2019 · leading case: Midrex Technologies, Inc. v. N.C. Department of Revenue
Sort: Relevance Newest Treatment
Midrex Technologies, Inc. v. N.C. Department of Revenue (2016) nc · cites it 3× “§ 105-122(b) (2016), while a C corporation’s income tax liability is imposed upon the corporation’s “net income.”
Bailey v. State (1991) nc · cites it 6× “The absolute prohibition against injunction to restrain the collection of any tax governed by Subchapter I, "Levy of Taxes," N.C.G.S. §§ 105-1 through 105-270 (1989), differs significantly from the conditional prohibition in Subchapter II, "Listing, Appraisal, and Assessment of…”
In Re the Denial by the Secretary of Revenue of Claim for Refund of North Carolina Inheritance Taxes by the Estate of Ka (1981) nc · cites it 4× “G.S. §§ 105-1, -2 (1979). The tax imposed upon the transfer depends upon the amount going to each beneficiary and each beneficiary's relationship to the decedent.”
County of Lenoir v. Moore (1994) ncctapp · cites it 3× “First, we proceed with an examination of the relevant portions of the Revenue Act, G.S. 105-1—G.S. *591 105-270, and the Machinery Act, G.”
Southminster, Inc. v. Justus (1995) ncctapp · cites it 2× “We first consider plaintiffs’ assertion that they are charitable organizations within the meaning of the statute. The terms “charitable institution” and “charitable organization” are not defined in the North Carolina Sales and Use Tax Act, G.”
Great American Insurance Company v. Gold (1961) nc “” G.S. 105-1; G.S. 105-228.5; G.S. 105-228.”
Stam v. State (1980) ncctapp “105-435 (fuel tax for the use of the state highways), most of the taxes levied in Chapter 105 are subject only to G.S. 105-1 which provides in part: The purpose of this Subchapter shall be to raise and provide revenue for the necessary uses and purposes of the government and…”
County of Carteret v. Long (1998) ncctapp · cites it 2× “State taxes are provided for under the Revenue Act, N.C. Gen. Stat. §§ 105-1 to 105-270 (1997), while county taxes are provided for under the Machinery Act, N.”
R.R. Friction Prods. Corp. v. N.C. Dep't of Revenue (2019) ncbizct · cites it 2× “The North Carolina Revenue Act (“Revenue Act”), G.S. § 105-1, et. seq., imposes a State corporate income tax and franchise tax on corporations doing business in North Carolina.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.