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  3. What does the term “foreign” mean?

What does the term “foreign” mean?

The term “foreign” means a limited liability company, partnership, or corporation formed under the laws of any jurisdiction other than North Carolina.

For example, when relating to the State of North Carolina taxes, “foreign” means anything outside of North Carolina.

Read more:

University Controller’s Office, Frequently Asked Questions about 4% Withholding

Updated on February 28, 2020

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