For more information about eligibility, please contact the N.C. Department of Revenue Corporate Tax Division at 919-733-8510.
Businesses who pay North Carolina state income tax and use North Carolina ports can qualify for tax credits on outbound cargo.
The credit is earned on cargo wharfage and handling fees paid to the N.C. State Ports Authority which exceed the average for over three tax years. The credit applies to taxes due to the state - up to 50% of the total tax liability for each tax year. Any unused credit may be carried forwarded up to five years for a total credit of up to $2 million.
For more information on ports tax credit or services, visit the N.C. State Ports website or call 1-800-334-0682.