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North Carolina Administrative Code Title 17 — Revenue

17 NCAC 05C .2403

Apportionment Of Disc Net Income

Official textreports.oah.state.nc.us

The net income of a DISC subject to a tax measured by net income both within and without this state shall be apportioned to this state by use of the applicable apportionment formula set out in G.S. 105-130.4. The ratio determined thereunder for apportioning the net income of the DISC shall be computed by including the property, payrolls and sales of the parent corporation and related participants in the respective factors of the DISC.

Last amended: Authority G.S. 105-130.4; 105-130.6; 105-130.16; 105-262; Eff. December 5, 1976; Amended Eff. January 1, 1994; 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. 17-05c-1904 · Overpayments Applied To Next Year
  2. 17-05c-2001 · Automatic Extension
  3. 17-05c-2002 · Application For An Additional Extension
  4. 17-05c-2003 · Interest And Penalties
  5. 17-05c-2004 · Extension Of Filing Date
  6. 17-05c-2101 · Requirements When Corporation Ends
  7. 17-05c-2102 · Withdrawals/Filing Requirements
  8. 17-05c-2201 · Preliminary Statement
  9. 17-05c-2202 · Corporations Fully Exempt
  10. 17-05c-2203 · Corporations Conditionally Or Partially Exempt
  11. 17-05c-2204 · Exceptions To Exemption
  12. 17-05c-2205 · Regulated Investment Companies
  13. 17-05c-2206 · Proof Of Exemption
  14. 17-05c-2207 · Notifications Of Change In Purposes Or Operations
  15. 17-05c-2301 · Requirement For Reporting Changes
  16. 17-05c-2302 · Assessments Or Refunds
  17. 17-05c-2303 · Extent Of Changes Which May Be Made
  18. 17-05c-2304 · Fraud Provisions On Federal Changes
  19. 17-05c-2401 · Doing Business Activities Of Disc
  20. 17-05c-2402 · Determination Of Disc Net Income
  21. 17-05c-2403 · Apportionment Of Disc Net Income
  22. 17-05c-2404 · Dividends Received From Disc
  23. 17-05c-2405 · Earnings Of Disc Not Previously Taxed
  24. 17-05c-2501 · Doing Business Activities/Foreign Sales Corporation (Fsc)
  25. 17-05c-2502 · Determination Of Fsc Net Income
  26. 17-05c-2503 · Consolidated Return
  27. 17-05c-2504 · Apportionment - Consolidated Return
  28. 17-05c-2601 · Reinstatement Of Corporate Charter
  29. 17-05d-0101 · Preliminary Statement
  30. 17-05d-0102 · When Due
  31. 17-05d-0103 · Payments Of Estimated Tax
  32. 17-05d-0104 · Penalty For Underpayment Of Estimated Tax
  33. 17-05d-0105 · No Penalty Tests
  34. 17-05d-0106 · Overpayment Of Tax
  35. 17-05d-0107 · Purpose
  36. 17-05d-0108 · Who May Submit Request
  37. 17-05d-0109 · Request For Alternative Apportionment Formula
  38. 17-05d-0110 · Time For Filing
  39. 17-05d-0111 · Notice Of Conference
  40. 17-05d-0112 · Who Shall Attend The Conference
Full table of contents →