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3 <br /> NORTH <br /> CAROLINA <br /> iliili*ii!!!ilii!!ii DEPARTMENT <br /> •#!ii i!i!i!!ii!!i NCDOROF REVENUE <br /> 00000000 <br /> iiiii <br /> i!i <br /> March 31, 2020 <br /> Important Notice: Department of Revenue Expands Penalty Relief for <br /> Taxpayers Affected by Coronavirus Disease 2019 (COVOID-19) <br /> On March 10, 2020, Governor Roy Cooper signed Executive Order 116 declaring a state <br /> of emergency in response to COVID-19. On March 17, 2020, the North Carolina <br /> Department of Revenue ("Department") announced penalty relief for certain taxpayers <br /> with returns or payments due between March 15, 2020 and March 31, 2020. <br /> Subsequently, on March 20, 2020, the United States Department of the Treasury and the <br /> Internal Revenue Service announced that the time for filing certain federal returns was <br /> extended under Section 7508A of the Internal Revenue Code to July 15, 2020. On March <br /> 23, 2020, the Department announced relief for income and franchise taxpayers with <br /> returns and payments due on April 15, 2020. <br /> Expansion of North Carolina Tax Penalty Relief from March 15, 2020 through July 15, <br /> 2020 <br /> The Department expands relief from the following penalties for failing to obtain a license, <br /> to file a return, or to pay taxes: <br /> • Failure to obtain a license (G.S. 105-236(a)(2)); <br /> • Failure to file a return (G.S. 105-236(a)(3)); <br /> • Failure to pay tax (G.S. 105-236(a)(4)); and <br /> • The penalties regarding informational returns (G.S. 105-236(a)(10)); <br /> (collectively, "Late Action Penalties"). The Department will not asses penalties for failure <br /> to obtain a license, failure to file a return, or failure to pay a tax that is due on March 15, <br /> 2020 through July 15, 2020, if the corresponding license is obtained, return is filed, or tax <br /> is paid on or before July 15, 2020. <br /> The relief from Late Action Penalties applies to the following tax types: <br /> • Income and Franchise Tax (see Important Notice); <br /> • Withholding Tax; <br /> • Sales and Use Tax; <br /> • Scrap Tire Disposal Tax; <br /> Tax Administration Page 1 of 3 March 31, 2020 <br />