Recent National Articles about North Carolina Tax Matters
By There have been several recent national articles about North Carolina tax matters.
1. The May 11, 2022 issue of Taxes – The Tax Magazine has an article entitled “100 Years of State and Local Taxation in North Carolina.” The article is by Roby B. Sawyers, who is a professor in the College of Management at North Carolina State University. In addition to providing interesting history, the article contains statistics, such as over the past thirty years, the percentage of state general fund tax revenues by source has (a) increased from about 48.5% to about 52% for individual income taxes, (b) increased from about 25% to 32.7% for sales and use taxes, and (c) decreased from about 8% to 2.7% for corporate income taxes.
2. On May 23, 2022, Tax Notes posted an interview with Charles Collins. Mr. Collins worked for the North Carolina Department of Revenue for more than thirty years before retiring from the Department at age 55. He has continued to be active in tax matters, including with ADP’s payroll operations.
3. On May 23, 2022, Tax Notes posted an article by Roxanne Bland about transactional nexus. It discusses Quad Graphics, Inc. v. NC Dept. of Rev., No. 407A21-1 (NC, filed Nov. 22, 2021). The article criticizes the formalistic distinctions between sales and use taxes that would prohibit the state from collecting a sales tax but permit it to collect a use tax.
Herman Spence III is an attorney with Robinson, Bradshaw & Hinson, P. A. in Charlotte.