Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

For apportionment purposes, does North Carolina have a “throwback” rule?

April 26, 2017apportionment north carolina purposes rule throwback

0

Posted

For apportionment purposes, does North Carolina have a “throwback” rule?

1 Answer

0

Posted

No. For corporations permitted to apportion income, only those sales made within North Carolina are required to be included in the numerator of the sales factor. However, sales of a corporation which is not required to file an income tax return in another state are considered to be this state.