{"data":{"id":"us-nc/n.c.-gen.-stat.-105-130.14","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 105-130.14","heading":"Corporations filing consolidated returns for federal income tax purposes.","body":"Any corporation electing or required to file a consolidated income tax return with the Internal Revenue Service must determine its State net income as if the corporation had filed a separate federal return and shall not file a consolidated or combined return with the Secretary unless one of the following applies:\n(1)\tThe corporation is specifically directed in writing by the Secretary under G.S. 105-130.5A to file a consolidated or combined return.\n(2)\tRepealed by Session Laws 2012-79, s. 1.14(c), effective June 26, 2012.\n(3)\tPursuant to a written request from the corporation under G.S. 105-130.5A, the Secretary has provided written advice to the corporation stating that the Secretary will allow a consolidated or combined return under the facts and circumstances set out in the request and the corporation files a consolidated or combined return in accordance with that written advice. (1967, c. 1110, s. 3; 1973, c. 476, s. 193; 2010-31, s. 31.10(e); 2012-79, s. 1.14(c).)","path":["","Article 4. Income Tax.","Part 1. Corporation Income Tax."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_105/GS_105-130.14.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:15:52Z","sha256":"ca963acc7428643aceade6f1382f5c8b7403f6051e7d9ecc7ecc8912e9d430ae","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-105-130.13","next":"us-nc/n.c.-gen.-stat.-105-130.15"},"notice":"GroundRules: Original legal text. Not legal advice."}