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4041, Motor Fuel Electronic Funds Transfer EFT Debit Application Form
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People also ask
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What is the renewable mandate in NC?
NC General Statute 62-133.8 enacted by the NC General Assembly in August of 2007, requires electric cooperatives to ensure that a percentage of the electricity they sell is generated from renewable energy sources or energy efficiency programs.
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What is the NC Health information Exchange compliance mandate?
The HIE Act requires that all health care organizations that receive state funds for the provision of health services submit demographic and clinical information pertaining to services rendered to Medicaid and other state-funded health care program beneficiaries and paid for with Medicaid or other state health care ...
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What is the EFT mandate in NC?
North Carolina General Statute 105-241(b) permits the Secretary of Revenue to require certain tax payments to be remitted electronically. If your business tax liability is at least $240,000 in a 12-month period, you will be notified by letter of the electronic payment requirement.
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What is the EFT mandate?
Electronic funds transfer (EFT) allows banks and corporations to transfer money from their bank account to us. Banks and corporations must use EFT if either: Estimated tax payment or extension payment is over $20,000. Total tax liability due is over $80,000.
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What is an EFT debit payment?
What is an EFT payment? An electronic funds transfer (EFT), or direct deposit, is a digital money movement from one bank account to another. These transfers take place independently from bank employees. As a digital transaction, there is no need for paper documents.
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What is an example of an electronic funds transfer EFT?
Credit and debit cards: You probably use your credit or debit card regularly to move money between bank accounts, make purchases, and pay bills. These all represent a type of EFT payment for consumers paying for goods and services.
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How do I receive an electronic funds transfer?
EFTs require two parties: the person or entity sending money and the person or entity receiving the money. The sender initiates the transfer over the internet or at a payment terminal. The transfer request is sent to the sender's bank and then back to the receiver's bank.
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What is EFT requirement?
Who is required to pay taxes by EFT? You are required to make payments by Electronic Funds Transfer (EFT) if: Your average monthly sales and use tax liability equals or exceeds $10,000 over a 12-month period. Your average monthly Prepaid Mobile Telephony Services (MTS) Surcharge liability equals or exceeds $10,000.
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