Articles and Speeches
Recent Changes to Sales and Use Tax
Overpayment Credits in North Carolina
Reprinted with the permission of the Institute for Professionals in Taxation
In Technocom Business Systems, Inc. v NC Dept. of Revenue, the North Carolina Court of Appeals rendered a decision which substantially changed the ability of North Carolina taxpayers to obtain a credit, against certain use tax obligations, for sales taxes improperly remitted to the Department for years up through 2011.