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The North Carolina Department of Revenue was created in 1921 by the North Carolina General Assembly. The department is headed by a Secretary that is appointed by the Governor. The secretary is a member of the North Carolina Cabinet. Currently, the department is responsible for administering the collection of the North Carolina state income tax ...
The payer must collect withholding taxes on certain reportable payments for the IRS. However, if the payee certifies on the W-9 they are not subject to backup withholding they generally receive the full payment due them from the payer. [2] This is similar to the withholding exemption certifications found on Form W-4 for employees.
Wage withholding taxes, [1] Withholding tax on payments to foreign persons, and; Backup withholding on dividends and interest. The amount of tax withheld is based on the amount of payment subject to tax. Withholding of tax on wages includes income tax, social security and medicare, and a few taxes in some states.
and North Carolina from 1849 to 1921 (when it was replaced by a modern individual income tax). The 1850s brought another few income tax abolitions: Maryland and Vermont in 1850, and Florida in 1855. During the American Civil War and Reconstruction Era , when both the United States of America (1861-1871) and the Confederate States of America ...
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In 1965, the form's name was changed from "Withholding Tax Statement" to "Wage and Tax Statement" (current name). [4] In 1978, the form's appearance changed to its modern style of numbered boxes. [4] As with the US tax code and other forms (such as the 1040), Form W-2 has become more complicated over time. [4]
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The North Carolina Division of Motor Vehicles is the division of the North Carolina Department of Transportation (NCDOT) that oversees driver licenses and vehicle registrations within the state of North Carolina, USA. [1] The North Carolina Department of Motor Vehicles was created by the North Carolina General Assembly in 1941. [2]
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