North Carolina DOR Issues Updated Guidance on Conservation Tax Credit

The North Carolina Department of Revenue (DOR) issued a directive revising guidance on the state’s Conservation Tax Credit. The conservation tax credit is a non-refundable income tax credit for certain taxpayers that make qualified donations. The directive clarifies the application process, eligibility requirements, statutory limitations, and examples for claiming the credit. [N.C. Dep’t of Revenue, Directive TA-25-1, 02/05/26]

This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.