State enticed them to invest in N.C. solar projects. Now, they're being audited — by the state.
Zachery Eanes The (Raleigh) News & Observer RALEIGH â Thanks to a generous tax credit, North Carolina became one of the nation's leaders in solar energy. Now many of the investors who fueled its boom are being audited by the state's tax collector. A group of prominent North Carolina businesses and individuals is warning that the audits are eroding the state's standing as a reliable place to invest money. In a letter to Gov. Roy Cooper, the North Carolina Chamber business advocacy group says that the state Department of Revenue's treatment of investors who used North Carolina'...
Source: greensboro.com