Articles in regional publications that pertain to a wide range of North Carolina-related topics.
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The legislature is considering three proposals that would lower business taxes.
Durham’s Lakewood Shopping Center is seeing a new store arrive and possibly, the start of some growth. The Scrap Exchange is a reuse, art and creative center which sells items to artists that might normally go to the garbage dump. With its arrival, hope for the revitalization of the neighborhood and shopping center is high as many think the business and its customers will attract others.
The Tax Reform Act of 1986 makes substantial changes in the ways that corporations are taxed. This article summarizes some of the more significant changes in business taxes. Some of the changes pertain to corporate tax rates, depreciation methods and the investment tax credit, capital gains, alternative minimum tax, and the General Utilities Doctrine.