Bill Summaries: S654 (2017-2018 Session)

Tracking:
  • Bill S 654 (2017-2018)
    Summary date: Apr 6 2017 - View summary

    Requires the Revenue Laws Study Committee (Committee) to study: (1) whether the fees charged to create a business entity in North Carolina are competitive with those charged in other Southeastern and Mid‑Atlantic states, (2) whether annual fees and filings for North Carolina business entities are competitive with those charged in other Southeastern and Mid‑Atlantic states, (3) whether the method by which any franchise taxes are imposed on North Carolina business entities are competitive with those charged in other Southeastern and Mid‑Atlantic states, (4) whether any North Carolina laws create unnecessary barriers to attracting venture capital financing, (5) whether North Carolina's corporate income tax rate is competitive with those charged in other Southeastern and Mid‑Atlantic states. Requires the Committee to report its findings and recommendations to the 2017 General Assembly when it reconvenes for the 2018 regular session.
    Business and Commerce, Corporation and Partnerships, Government, Tax
    STUDY

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