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Articles in regional publications that pertain to a wide range of North Carolina-related topics.

Major Changes in Tax Laws Made by 1945 Legislature

Record #:
30118
Abstract:
The 1945 North Carolina General Assembly made major adjustments to tax laws particularly in regards to the taxation of insurance companies which included rewriting provisions to gross premiums. Changes also included credit given to those pursuing higher education, allowances for dependents in institutions, no sales tax on seed and stock food, and credit allowed for franchise taxes.
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