Tax Exemption | North Carolina Center for Nonprofits

Comments on IRS guidance on UBIT on parking

On February 21, 2019, the Center submitted comments to the IRS in response to the preliminary guidance issues on the applicability of unrelated business income tax (UBIT) to nonprofit parking and transportation expenses under Section 512(a)(7) of the Internal Revenue Code.

House Approves Broader Religious Tax Exemption

On March 26, the House unanimously approved legislation (H.B.

Nonprofit Tax Exemption

Nonprofit tax exemption is essential for all North Carolinians.

Bills Would Create Studies of Property Tax Exemption and PILOTs

Identical bills filed in the Senate (S.422) and in the House (

Threats to Tax Exemption and Incentives for Charitable Giving

Senate Tax Proposal

The Senate tax plan, which was passed as part of the Senate's version of the state budget for FY2015-17, would have made three changes that would harm nonprofits: