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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. ....

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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. ....

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