Opinion
Republicans, Democrats split in NC Supreme Court tax ruling
The North Carolina's high court majority critiqued state Revenue Department bureaucrats for their actions in a tax dispute with Philip Morris.
News
State Supreme Court sides with Philip Morris in fight over $8.7 million tax bill
The North Carolina Supreme Court has ruled in favor of Philip Morris in the tobacco company’s legal battle with the state Revenue Department over an $8.7 million tax bill. The decision Friday split the court, 5-2, along party lines. The dispute involved export tax credits Philip Morris claimed on tax returns dating back a decade.
News
Philip Morris makes case to state Supreme Court in franchise tax fight
Tobacco giant Philip Morris urges the state Supreme Court to reverse a ruling that could force the company to pay a higher franchise tax bill. Philip Morris argued in a court filing Monday that the state Revenue Department is applying the law in an unconstitutional way.
News
NC Revenue Department disputes Philip Morris’ arguments in $8.7M tax dispute
The N.C. Revenue Department argues in a state Supreme Court filing that tobacco manufacturer Philip Morris is misreading state law while trying to avoid an $8.7 million tax bill. The Richmond, Virginia-based company argues that it’s entitled to take $7.2 million in tax credits. The department disagrees.
News
Philip Morris takes tax dispute with state to NC Supreme Court
Tobacco manufacturer Philip Morris is taking a tax dispute with the N.C. Department of Revenue to the state Supreme Court. The case involves $7.2 million in tax credits Philip Morris claims it’s entitled to take.
Opinion
A Bad Summer for Tobacco
RALEIGH -- Amid the federal government's efforts to extend its reach -- in health care, the environment, and financial services -- you might be forgiven for not noticing that in June President Obama signed "The Family Smoking Prevention and Tobacco Control Act" into law.
Opinion
A Bad Summer for Tobacco
Amid the federal governments efforts to extend its reach -- in health care, the environment, and financial services -- you might be forgiven for not noticing that in June President Obama signed "The Family Smoking Prevention and Tobacco Control Act" into law.
Opinion
The Urge to Merge: A Splurge?
An odd confluence of events Monday had several major corporations with North Carolina ties acquiring or merging with other companies. Some are crying foul -- of course.
