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C CD-405 Corporation Tax Return 2008 Web 9-08 For calendar year 2008, or other tax year beginning North Carolina Department of Revenue 0 8 and ending (MM-DD) (MM-DD-YY) Legal Name (First 35 Characters).

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There is no separate S election for North Carolina income tax purposes. There is no provision to elect a different filing method for State income tax purposes. The franchise tax rate is $1.50 per $1,000.00 of capital stock, surplus and undivided profits or other alternative tax base.

The pass-through entity tax is calculated by multiplying taxable income of the taxed PTE by the North Carolina individual income tax rate (4.99% for 2022).

The North Carolina franchise tax does not apply to an organization if it is exempt from federal income tax, it is not organized for profit, or no profit inures to the benefit of any member, shareholder or other individual.

2021 CD-405 C-Corporation Tax Return | NCDOR.

Tax Characteristics: The corporation is NOT taxed on its income. The income of the S Corporation is taxed to its shareholders. Termination: S Corporations are unaffected by the death or withdrawal of a shareholder.

Every corporation that is incorporated, registered, or doing business in California must pay the $800 minimum franchise tax.

The minimum franchise tax is $200. For S-Corporations: For tax years beginning on or after January 1, 2019, the tax rate for an S-Corporation is $200 for the first one million dollars ($1,000,000) of the corporation's tax base and $1.50 per $1,000 of its tax base that exceeds one million dollars ($1,000,000).

Every corporation doing business in North Carolina and every inactive corporation chartered or domesticated here must file an annual franchise and income tax return using the name reflected on the corporate charter if incorporated in this State, or on the certificate of authority if incorporated outside this State.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232