Important News

Back to Index

BCBSNC Provides Info on Small Group Tax Credit

Dear BCBSNC Small Employer Groups,

North Carolina's 2007 budget bill includes a provision that allows certain small businesses to take a tax credit if they employ no more than 25 eligible employees and provide health insurance to all their employees. Specific requirements must be met to be eligible for the tax credit.

Please see the attached documents for an overview of the tax credit legislation as well as the original text from the budget bill.

The documents below are not in any way meant to provide legal advice. If you have questions regarding this legislation and your obligations as an employer, please consult legal counsel.

Thank you.

Blue Cross and Blue Shield of North Carolina

Attachments:

• Small Group tax Credit Overview for Employers
• Small Group Tax Credit S1741