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North Carolina Administrative Code Title 17 — Revenue

17 NCAC 05B .0105

Dissolution Or Withdrawal Of Corporate Rights

Official textreports.oah.state.nc.us

Corporations are not subject to franchise tax after the end of the income year in which articles of dissolution or withdrawal are filed with the Secretary of State unless they engage in business activities not incidental to winding up their affairs. Therefore, no franchise tax is required with the income return filed for the year in which the application is filed or with any subsequent income returns that may be required in connection with winding up the affairs of the corporation.

Last amended: Authority G.S. 105-114; 105-262; Eff. February 1, 1976; Amended Eff. January 1, 1994; October 31, 1981; Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. August 19, 2017.

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In this chapter (40 sections)
  1. 17-05a-0101 · Location
  2. 17-05a-0102 · General Purpose
  3. 17-05a-0103 · Divisional Organization
  4. 17-05b-0101 · Scope And Nature
  5. 17-05b-0102 · Corporation Defined
  6. 17-05b-0103 · Period Covered
  7. 17-05b-0104 · Inactive Corporations
  8. 17-05b-0105 · Dissolution Or Withdrawal Of Corporate Rights
  9. 17-05b-0106 · Payment Of Franchise Taxes
  10. 17-05b-0107 · Extension Of Filing Date
  11. 17-05b-0108 · Electronic Filing Of General Business Franchise Tax…
  12. 17-05b-0201 · Basis For Taxation
  13. 17-05b-0202 · Due Date Of The Tax
  14. 17-05b-0203 · Billed For The Tax
  15. 17-05b-0301 · Basis For Taxation
  16. 17-05b-0302 · Due Date Of The Report And Tax
  17. 17-05b-0303 · Form To Be Used For Filing
  18. 17-05b-0304 · Special Exemption
  19. 17-05b-0305 · Distribution To Municipalities
  20. 17-05b-0401 · Basis For Taxation
  21. 17-05b-0402 · Due Date Of The Report And Tax
  22. 17-05b-0403 · Form To Be Used For Filing
  23. 17-05b-0501 · Basis For Taxation
  24. 17-05b-0502 · Due Date Of The Report And Tax
  25. 17-05b-0503 · Form To Be Used For Filing
  26. 17-05b-0601 · Basis For Taxation
  27. 17-05b-0602 · Due Date Of The Report And Tax
  28. 17-05b-0603 · Form To Be Used For Filing
  29. 17-05b-0701 · Basis For Taxation
  30. 17-05b-0702 · Due Date Of The Report And Tax
  31. 17-05b-0703 · Form To Be Used For Filing
  32. 17-05b-0704 · Distribution To Municipalities
  33. 17-05b-0801 · Basis For Taxation
  34. 17-05b-0802 · Due Date Of The Tax
  35. 17-05b-0803 · Corporation Billed For The Tax
  36. 17-05b-0901 · Basis For Taxation
  37. 17-05b-0902 · Due Date Of The Tax
  38. 17-05b-0903 · Corporation Billed For The Tax
  39. 17-05b-1001 · Basis For The Tax
  40. 17-05b-1002 · Franchise Tax Bases
Full table of contents →