§ 105-129.53. (See notes) Substantiation. - North Carolina Statutes

§ 105‑129.53.  (Seenotes) Substantiation.

To claim a credit allowed bythis Article, the taxpayer must provide any information required by theSecretary. Every taxpayer claiming a credit under this Article must maintainand make available for inspection by the Secretary any records the Secretaryconsiders necessary to determine and verify the amount of the credit to whichthe taxpayer is entitled. The burden of proving eligibility for a credit andthe amount of the credit rests upon the taxpayer, and no credit may be allowedto a taxpayer that fails to maintain adequate records or to make them availablefor inspection. (2004‑124,s. 32D.2.)