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North Carolina Estate Tax Information
G.S. 105-32.2(a) - North Carolina imposes an estate tax on the estate of a decedent when a federal estate tax is imposed on the...
Senate committee approves bill on Medicaid costs that avoids transfer tax
The state Senate finance committee has unanimously approved a bill that would have the state gradually take over Medicaid costs from North Carolina counties.
Counties...
Chesapeake Homes Announces Expansion into the North Carolina Market
Chesapeake Homes, one of Hampton Roads, Virginia's leading builders, today announced their expansion into the Triangle market. Backed by L.M. Sandler & Sons, Inc.,...
Real-estate group gains ground in lobbying against transfer tax
The North Carolina Association of Realtors has spent about $500,000 spreading its message outside the Legislative Building. The investment appears to be working inside...
Mercantile Bank parent runs into real estate fraud
The South Financial Group said it would classify $21 million in loans as nonperforming as the result of a fraudulent land sale scheme in...
South Financial Is Victim of Fraudulent Land Sale Scheme in North Carolina
South Financial Group Inc., owner of Carolina First Bank and Mercantile Bank in Florida, said it is the victim of a fraudulent land sale...
