North Carolina taxpayers should be aware that the State of North Carolina enacted a “clean-up” bill to restore

refund claims that could have expired on August 14, 2008. The Department of Revenue (the “Department”) had taken the position that all refund claims that were pending before the Department on January 1, 2008, would disappear if the company did not file an appeal by August 14, 2008. In light of the 'clean-up' bill, the Department should not assert that such refund claims will disappear.

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