NC S356

Adds a new disclosure exception to North Carolina tax confidentiality law allowing the Department of Revenue to share tax information with the Government Business Intelligence Competency Center in the Office of the State Controller upon request.

Restricts the shared tax information to cases where disclosure does not impair or violate information sharing agreements between the North Carolina Department of Revenue and the United States Internal Revenue Service.

Grants the Secretary of Revenue sole discretion to determine whether furnishing requested information would impair or violate federal information sharing agreements with the IRS.

Maintains existing prohibitions on disclosing standards used for return examination selection and data used to determine those standards.

Takes effect upon passage into law.