News & Analysis as of

Income Taxes Governor McCrory

Income taxes are taxes that are collected on the individual earnings of persons or entities. Depending on the jurisdiction, income taxes are calculated and collected in a variety of ways. Some tax systems collect... more +
Income taxes are taxes that are collected on the individual earnings of persons or entities. Depending on the jurisdiction, income taxes are calculated and collected in a variety of ways. Some tax systems collect income taxes based on a progressive scheme, while others may utilize a proportional or regressive framework. less -
Brooks Pierce

What Businesses Should Know About the 2016 North Carolina Legislative Session

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The North Carolina General Assembly has completed its 2016 "short" session. A number of bills considered by Legislators will impact businesses of all types. Here are some highlights from this year's session....more

Brooks Pierce

Legislative Update

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With negotiations on the budget bill (HB 1030) still continuing outside the public view, this week the General Assembly focused on other issues. Tax Proposals; Services Tax Clarifications and New Market Jobs Act - ...more

Brooks Pierce

Legislative Update

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Senate Passes Budget Bill (HB1030) - The State Senate passed its version of the 2016-17 spending plan this week, setting the stage for a conference committee to work out the differences between the two chambers’...more

Nexsen Pruet, PLLC

NC Legislative Update - August 2015

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This Week - It was an eventful week at the General Assembly and perhaps the most noteworthy news on Jones Street took place on Wednesday. Senate leadership held a press conference announcing that they were willing to...more

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