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The National Taxonomy of Exempt Entities (NTEE) is a used by the Internal Revenue Service (IRS) and NCCS to classify U.S. tax-exempt organizations.A specialist from the IRS assigns an NTEE code to each organization exempt under I.R.C. § 501(a) as part of the process of closing a case when the organization is recognized as tax-exempt.
This category includes articles on organizations based in the U.S. state of North Carolina. Organizations include, among others, voluntary associations and 501(c) non-profit organizations; companies and for-profit organizations, religious organizations, and so on, are also appropriate.
The Great Atlantic and Pacific Tea Company (Farmer Jack, Food Basics USA, The Food Emporium, Sav-A-Center, Super Fresh, Waldbaum's) H. H. Gregg Hartz Mountain Industries
Museums in North Carolina (22 C, 2 P) Pages in category "Non-profit organizations based in North Carolina" The following 66 pages are in this category, out of 66 total.
Further, most states deny tax exemption for interest income that is tax exempt at the federal level. CIT rates range from 1% to 12%, varying for every state. The most common federal taxable income is based on apportionment formulae. State and municipal taxes are deductible expenses for federal income tax purposes. [12]
By contrast, certain other nonprofit organizations are not considered non-partisan: 501(c)(4) organizations, which are tax-exempt, are operated exclusively for promoting social welfare, or local organizations with membership limited to a particular company, municipality, or neighborhood, and which devote their earnings to charity, education, or recreation. [9]
Mississippi's income tax was held to apply to corporations in 1921; North Carolina, modernisation of existing individual and institution of corporate taxes, from 1921; South Carolina, individual and corporate, from 1921 or 1922; New Hampshire, "intangibles" (restricted to interest and dividends), from 1923;
The income tax exemption for 501(c)(4) organizations applies to most of their operations, but income spent on political activities—generally the advocacy of a particular candidate in an election—is taxable. [43] An "action" organization generally qualifies as a 501(c)(4) organization. [44]