{"data":{"id":"us-nc/n.c.-gen.-stat.-105-163.38","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 105-163.38","heading":"Definitions.","body":"The following definitions apply in this Article, unless the context requires otherwise:\n(1)\tCode. - Defined in G.S. 105-228.90.\n(1a)\tCorporation. - Defined in section 7701 of the Code.\n(2)\tEstimated tax. - The amount of income tax the corporation estimates as the amount imposed by Article 4 for the taxable year.\n(3)\tFiscal year. - An accounting period of 12 months ending on the last day of any month other than December.\n(4)\tSecretary. - The Secretary of Revenue.\n(5)\tTaxable year. - The calendar year or fiscal year used as a basis to determine net income under Article 4. If no fiscal year has been established, \"fiscal year\" means the calendar year. In the case of a return made for a fractional part of the year under Article 4, or under rules prescribed by the Secretary, \"taxable year\" means the period for which the return is made.\n(6)\tTaxed pass-through entity. - Defined in G.S. 105-153.3. (1959, c. 1259, s. 1A; 1973, c. 476, s. 193; 1983, c. 713, s. 86; 1989 (Reg. Sess., 1990), c. 984, s. 15; 1991 (Reg. Sess., 1992), c. 922, s. 8; 1993, c. 12, s. 10; 2021-180, s. 42.5(l).)","path":["","Article 4C. Filing of Declarations of Estimated Income Tax and Installment Payments of Estimated Income Tax by Corporations."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_105/GS_105-163.38.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:15:52Z","sha256":"8d46877826451e20a9c532410a4bda30641a865a2e0239dbc68d42eb2a11e465","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-105-163.25-through-105-163.37","next":"us-nc/n.c.-gen.-stat.-105-163.39"},"notice":"GroundRules: Original legal text. Not legal advice."}