17 N.C. Admin. Code 6C.0120

Current through Register Vol. 39, No. 9, November 1, 2024

Section 06C .0120 - RECIPROCITY OF TAX CREDITS

North Carolina does not allow tax credit to nonresidents for income tax paid to another state or country; therefore, any relief from double taxation must be granted by the state of residence. North Carolina provides such relief to its residents as explained in 17 NCAC 06C .0107.

17 N.C. Admin. Code 06C .0120

Authority G.S. 105-153.9(a); 105-163.22; 105-262;
Eff. February 1, 1976;
Amended Eff. June 1, 1990;
Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. July 26, 2015.

Authority G.S. 105-151(a); 105-163.22; 105-262;
Eff. February 1, 1976;
Amended Eff. June 1, 1990.