North Carolina Administrative Code Title 17 — Revenue
17 NCAC 05C .2404
Dividends Received From Disc
Official textreports.oah.state.nc.us
Dividends received by a corporate shareholder from a DISC must be included in the corporate shareholder's taxable income. Dividends received from a DISC by a corporate shareholder taxable in another state must be included in the corporate shareholder's apportionable income and apportioned to North Carolina. The term "dividends" means all amounts currently taxable under the Internal Revenue Code to corporate shareholders of a DISC whether or not distributed.
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In this chapter (40 sections)
- 17-05c-2001 · Automatic Extension
- 17-05c-2002 · Application For An Additional Extension
- 17-05c-2003 · Interest And Penalties
- 17-05c-2004 · Extension Of Filing Date
- 17-05c-2101 · Requirements When Corporation Ends
- 17-05c-2102 · Withdrawals/Filing Requirements
- 17-05c-2201 · Preliminary Statement
- 17-05c-2202 · Corporations Fully Exempt
- 17-05c-2203 · Corporations Conditionally Or Partially Exempt
- 17-05c-2204 · Exceptions To Exemption
- 17-05c-2205 · Regulated Investment Companies
- 17-05c-2206 · Proof Of Exemption
- 17-05c-2207 · Notifications Of Change In Purposes Or Operations
- 17-05c-2301 · Requirement For Reporting Changes
- 17-05c-2302 · Assessments Or Refunds
- 17-05c-2303 · Extent Of Changes Which May Be Made
- 17-05c-2304 · Fraud Provisions On Federal Changes
- 17-05c-2401 · Doing Business Activities Of Disc
- 17-05c-2402 · Determination Of Disc Net Income
- 17-05c-2403 · Apportionment Of Disc Net Income
- 17-05c-2404 · Dividends Received From Disc
- 17-05c-2405 · Earnings Of Disc Not Previously Taxed
- 17-05c-2501 · Doing Business Activities/Foreign Sales Corporation (Fsc)
- 17-05c-2502 · Determination Of Fsc Net Income
- 17-05c-2503 · Consolidated Return
- 17-05c-2504 · Apportionment - Consolidated Return
- 17-05c-2601 · Reinstatement Of Corporate Charter
- 17-05d-0101 · Preliminary Statement
- 17-05d-0102 · When Due
- 17-05d-0103 · Payments Of Estimated Tax
- 17-05d-0104 · Penalty For Underpayment Of Estimated Tax
- 17-05d-0105 · No Penalty Tests
- 17-05d-0106 · Overpayment Of Tax
- 17-05d-0107 · Purpose
- 17-05d-0108 · Who May Submit Request
- 17-05d-0109 · Request For Alternative Apportionment Formula
- 17-05d-0110 · Time For Filing
- 17-05d-0111 · Notice Of Conference
- 17-05d-0112 · Who Shall Attend The Conference
- 17-05d-0113 · Conduct Of The Conference