§ 105-249.2. Due date extended and penalties waived for certain military personnel or persons affected by a presidentially declared disaster.
§ 105‑249.2. Due dateextended and penalties waived for certain military personnel or personsaffected by a presidentially declared disaster.
(a) Combat. TheSecretary may not assess interest or a penalty against a taxpayer for anyperiod that is disregarded under section 7508 of the Code in determining thetaxpayer's liability for a federal tax. A taxpayer is granted an extension oftime to file a return or take another action concerning a State tax for anyperiod during which the Secretary may not assess interest or a penalty underthis section.
(b) Disaster. Thepenalties in G.S. 105‑236(a)(2), (3), and (4) may not be assessed for anyperiod in which the time for filing a federal return or report or for paying afederal tax is extended under section 7508A of the Code because of apresidentially declared disaster. For the purpose of this section,"presidentially declared disaster" has the same meaning as in section1033(h)(3) of the Code. (1967, c. 706, s. 1; 1991, c. 439, s. 1; 1991 (Reg. Sess., 1992), c.922, s. 10; 2001‑87, s. 1; 2001‑414, s. 24; 2006‑162, s. 18;2008‑187, s. 16.)