N.C. Business Court Holds that (Federal) Dividends Received Deduction Must Offset (State) Net Economic Loss Tax Deduction


In N.C. Dep’t of Revenue v. Graybar Elec. Co., Inc., 2019 NCBC 2 (N.C. Super. Ct. Jan. 9, 2019), the Business Court addressed the interplay between the federal dividends received deduction and the (now repealed) North Carolina

Analysis of N.C. Business Court Decisions (and other musings)


Business decisions should guide your business decisions.

That’s why we created our new blog—It’s Just Business.  Think of the blog as your prospectus on the decisions of the North Carolina Business Court and other key developments in business law.  We want the blog to be a