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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 — 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 s Renewable Energy Tax Credit could place a chill on future use of North Carolina tax credits. ....

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