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Results found for "tax collection"


North Carolina has over-collected more than $6 billion in state taxes when compared to May of 2020 economic forecasts.
North Carolina has over-collected more than $6 billion in state taxes when compared to May of 2020 economic forecasts.
 
North Carolina’s tax and fee collections continued to improve from a year ago, according to the latest General Fund Monthly Report from the Office of the State Controller.
North Carolina’s tax and fee collections continued to improve from a year ago, according to the latest General Fund Monthly Report from the Office of the State Controller.
 
Tax collections for the six months from April through September continue to track closely with the same period a year ago
Tax collections for the six months from April through September continue to track closely with the same period a year ago
 
Beaufort County has a hole in it budget bucket. It is leaking money. But, the water level never goes down.
Beaufort County has a hole in it budget bucket. It is leaking money. But, the water level never goes down.
 
A $470-million surge in April tax collections could push the state budget surplus to more than $700 million.
A $470-million surge in April tax collections could push the state budget surplus to more than $700 million.
 
The state Department of Revenue is gearing up to assess sales taxes on more out-of-state online retailers who make sales to North Carolina residents. But it's unclear whether the department has the legal authority to do so, a former legislative leader says
The state Department of Revenue is gearing up to assess sales taxes on more out-of-state online retailers who make sales to North Carolina residents. But it's unclear whether the department has the legal authority to do so, a former legislative leader says
 
Back in October, General Fund revenues were $50.4 million behind projections, not much when the state expects to collect $23.1 billion for the year. Despite the relatively small difference, the usual advocates for higher taxes were out wringing their hands about the shortfall
Back in October, General Fund revenues were $50.4 million behind projections, not much when the state expects to collect $23.1 billion for the year. Despite the relatively small difference, the usual advocates for higher taxes were out wringing their hands about the shortfall
 
Ron Penny's first job after college was in the state Department of Revenue mailroom. On Friday Gov. Roy Cooper named him secretary of revenue, a post in which he will manage state tax collections
Ron Penny's first job after college was in the state Department of Revenue mailroom. On Friday Gov. Roy Cooper named him secretary of revenue, a post in which he will manage state tax collections
 
By collecting $21.3 billion in General Fund revenues during the 2015-16 fiscal year, the corporate income tax rate will drop to 3 percent in January
By collecting $21.3 billion in General Fund revenues during the 2015-16 fiscal year, the corporate income tax rate will drop to 3 percent in January
 
The General Assembly's top economist on Thursday said that, unlike last year, when state tax collections appeared to suggest a shortfall in General Fund revenues, state government is on track to meet its projections for the current budget year.
The General Assembly's top economist on Thursday said that, unlike last year, when state tax collections appeared to suggest a shortfall in General Fund revenues, state government is on track to meet its projections for the current budget year.
 
A new round of tax cuts in the $21.735 billion state budget for 2015-16 may prevent the state from lowering the corporate income tax rate to 3 percent in 2017 because tax collections are projected to be $74.7 million lower than a revenue target set two years ago.
A new round of tax cuts in the $21.735 billion state budget for 2015-16 may prevent the state from lowering the corporate income tax rate to 3 percent in 2017 because tax collections are projected to be $74.7 million lower than a revenue target set two years ago.
 
For many of us, Labor Day signifies the last day of summer. For local governments, it is the day property tax bills are sent to millions of citizens. Property taxes are one of the oldest forms of taxation in North Carolina and were used through the 1930s as a joint tax by state and local...
For many of us, Labor Day signifies the last day of summer. For local governments, it is the day property tax bills are sent to millions of citizens. Property taxes are one of the oldest forms of taxation in North Carolina and were used through the 1930s as a joint tax by state and local...
 
During the mid-1700s, Edenton served as a major port, and Robert Carteret, the last of the Lords Proprietors and the Earl of Granville, requested that a grand house be designed for governmental business, including tax collection.
During the mid-1700s, Edenton served as a major port, and Robert Carteret, the last of the Lords Proprietors and the Earl of Granville, requested that a grand house be designed for governmental business, including tax collection.
 
The largest excise tax collection in North Carolina is on fuel, amounting to $1.5 billion annually.
The largest excise tax collection in North Carolina is on fuel, amounting to $1.5 billion annually.
 
The Beaufort County Board of Commissioners was a study in contrasts Monday night as they heard a report from Tax Assessor Bobby Parker.
The Beaufort County Board of Commissioners was a study in contrasts Monday night as they heard a report from Tax Assessor Bobby Parker.
 
You know the old saying -- you have to spend money to make money. That's the message N.C. Department of Revenue Secretary David Hoyle wants to send as the department puts the finishing touches on its new Tax Information Management System.
You know the old saying -- you have to spend money to make money. That's the message N.C. Department of Revenue Secretary David Hoyle wants to send as the department puts the finishing touches on its new Tax Information Management System.
 
According to the Triangle Business Journal, special state tax credits for renewable energy, research & development, and capital purchases reduced North Carolina's corporate-tax collections by nearly a quarter of a billion dollars last year.
According to the Triangle Business Journal, special state tax credits for renewable energy, research & development, and capital purchases reduced North Carolina's corporate-tax collections by nearly a quarter of a billion dollars last year.
 

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