{"data":{"id":"us-nc/n.c.-gen.-stat.-105-130.3","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 105-130.3","heading":"Corporations.","body":"A tax is imposed on the State net income of every C Corporation doing business in this State. An S Corporation is not subject to the tax levied in this section. The tax is a percentage of the taxpayer's State net income computed as follows:\nTaxable Years Beginning\tTax\nIn 2025\t2.25%\nIn 2026\t2%\nIn 2028\t1%\nAfter 2029\t0%. (1939, c. 158, s. 311; 1941, c. 50, s. 5; 1943, c. 400, s. 4; 1945, c. 752, s. 3; 1953, c. 1302, s. 4; 1955, c. 1350, s. 18; 1957, c. 1340, s. 4; 1959, c. 1259, s. 4; 1963, c. 1169, s. 2; c. 1186; 1967, c. 1110, s. 3; 1973, c. 1287, s. 4; 1975, c. 275, s. 4; 1977, c. 657, s. 4; 1979, c. 179, s. 2; 1981, c. 15; 1983, c. 713, s. 69; 1987, c. 622, s. 8; 1987 (Reg. Sess., 1988), c. 1089, s. 5; 1989, c. 728, s. 1.33; 1991, c. 689, s. 258; 1996, 2nd Ex. Sess., c. 13, s. 2.1; 2013-316, ss. 2.1(a), 2.2(a); 2015-241, s. 32.13(a); 2017-57, s. 38.5(a), (b); 2021-180, s. 42.2(a).)","path":["","Article 4. Income Tax.","Part 1. Corporation Income Tax."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_105/GS_105-130.3.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:15:52Z","sha256":"927b91e2f2ae1d98c7fc722e8ecd6266ad694a7d08e761980fe0448888dbc8d9","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-105-130.2","next":"us-nc/n.c.-gen.-stat.-105-130.3a"},"notice":"GroundRules: Original legal text. Not legal advice."}