Articles and Speeches
Recent Changes to Sales and Use Tax
Overpayment Credits in North Carolina
April 30, 2012
Charles H. Mercer, Jr.
, Reed J. Hollander
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.
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