This document contains official instructions for Form E-500F , Motor Vehicle Lease & Subscription Tax Return - a form released and collected by the North Carolina Department of Revenue. An up-to-date fillable Form E-500F is available for download through this link.
Q: What is Form E-500F?
A: Form E-500F is the Motor Vehicle Lease & Subscription Tax Return in North Carolina.
Q: Who needs to file Form E-500F?
A: Anyone who leases motor vehicles or has motor vehicle subscription sales in North Carolina needs to file Form E-500F.
Q: When is Form E-500F due?
A: Form E-500F is generally due on a quarterly basis, with the deadlines falling on the 20th day of the month following the end of each quarter.
Q: What information is required on Form E-500F?
A: You will need to provide information about your lease or subscription sales, including the number of vehicles leased/sold, the total lease/sale price, and the applicable tax rates.
Q: Are there any exemptions or deductions available for motor vehicle lease and subscription tax?
A: Yes, certain exemptions and deductions may apply. You should consult the instructions for Form E-500F or contact the North Carolina Department of Revenue for specific details.
Q: What happens if I don't file Form E-500F?
A: Failure to file Form E-500F or pay the required taxes may result in penalties and interest charges.
Instruction Details:
Download your copy of the instructions by clicking the link below or browse hundreds of other forms in our library of forms released by the North Carolina Department of Revenue.