Download all available information for this organization plus form 990 pdf files to your computer, laptop, and phone. 1  Assets: $5,000 2  +. Income: $50,000 3  +. Form 990 Revenue: $50,000 4  +. Organization Name & Address Covenant Theological Seminary. Po Box 1177.
The North Carolina state income tax is currently 5.75%. As of 2014, the state eliminated progressive income tax rates. All state taxpayers now face the 5.75% rate since 2015, which has remained constant in subsequent tax years. More on North Carolina taxes can be found in the tabbed pages below.
Instead of taxing the sale of tangible property which takes place outside of North Carolina's jurisdiction (and thus cannot be taxed), the North Carolina Use Tax taxes the use or consumption of tangible property bought in other jurisdictions with a lower sales tax rate and brought back into North Carolina.