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North Carolina Administrative Code Title 17 — Revenue

17 NCAC 05C .0101

Domestic And Foreign Corporations Required To File

Official textreports.oah.state.nc.us

# (a)

A foreign corporation operating in North Carolina may be liable for income tax even if it is not required to obtain a certificate of authority to do business in North Carolina.

# (b)

Even for a year in which a domestic corporation or a foreign corporation with a certificate of authority to do business in North Carolina conducted no business activity or did not earn any net income in the State, it must file an income tax return. Entities treated as corporations for federal income tax purposes are also subject to this requirement.

Last amended: Authority G.S. 105-130.3; 105-130.4; 105-130.16; 105-262; Eff. February 1, 1976; Amended Eff. January 1, 1994; Readopted Eff. May 1, 2018.

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In this chapter (40 sections)
  1. 17-05b-1305 · Indebtedness Deduction
  2. 17-05b-1306 · Refinancing Of A Loan
  3. 17-05b-1307 · Pollution Abatement Facilities
  4. 17-05b-1308 · Deduction For Qualified Recycling Facilities
  5. 17-05b-1309 · Determination Of Inclusion By Depreciation
  6. 17-05b-1310 · No Limitation On Holding Companies
  7. 17-05b-1401 · Basis For Tangible Property
  8. 17-05b-1402 · Carrier Operations Appraised Property Exempt
  9. 17-05b-1403 · Average Bank Balance
  10. 17-05b-1404 · Intangible Property
  11. 17-05b-1405 · No Limitation On Holding Companies
  12. 17-05b-1406 · Investment Base Property Included
  13. 17-05b-1501 · Computation Of Tax
  14. 17-05b-1502 · Computation Of Tax When Merger Is Involved
  15. 17-05b-1601 · Initial Requirements
  16. 17-05b-1602 · Franchise Tax Payable In Advance
  17. 17-05b-1701 · Non-Profit Organizations
  18. 17-05b-1702 · Corporations Fully Exempt
  19. 17-05b-1703 · Franchise Motor Carriers
  20. 17-05b-1704 · Regulated Investment Companies
  21. 17-05c-0101 · Domestic And Foreign Corporations Required To File
  22. 17-05c-0102 · Doing Business Defined
  23. 17-05c-0103 · Corporations Operating In Interstate Commerce
  24. 17-05c-0104 · Tax Rate And Basis For The Tax
  25. 17-05c-0105 · Corporations Required To Allocate Income
  26. 17-05c-0106 · When In Doubt As To Liability
  27. 17-05c-0107 · Tax Forms Mailed To Taxpayer
  28. 17-05c-0108 · Due Date Of Return
  29. 17-05c-0201 · Preliminary Statement
  30. 17-05c-0202 · Amount Of Credit Allowable
  31. 17-05c-0203 · Building Code And Other Requirements
  32. 17-05c-0301 · Preliminary Statement
  33. 17-05c-0302 · Adjustments To Federal Taxable Income
  34. 17-05c-0303 · Miscellaneous
  35. 17-05c-0304 · Attribution Of Expenses To Nontaxable Income
  36. 17-05c-0401 · North Carolina Obligations
  37. 17-05c-0402 · Obligations Of Other States
  38. 17-05c-0403 · U.S. Obligations
  39. 17-05c-0404 · Sales Or Exchanges
  40. 17-05c-0405 · Obligations Of Federal National Mortgage Association
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