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  2. Begin by entering your Legal Name in capital letters, followed by your Federal Employer ID Number and address details. Ensure all fields are filled accurately.
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The franchise tax rate is $1.50 per $1,000.00 of the corporations net worth in North Carolina. The minimum franchise tax is $200.00 with no maximum except for a qualified holding company.
A corporation required or authorized by the Secretary of Revenue to submit a combined income tax return must use Form CD-405 (C-Corporation Income Tax Return) and Form CD-405 CW (Combined Corporate Income Tax Worksheet) to calculate its North Carolina net income on a combined basis for all members of its unitary

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