Info
tax300.jpg Submitted by WWAY on Wed, 01/28/2009 - 12:32pm.

North Carolina could soon be taxing you when you download music, ring tones, movies and software if a legislative committee gets its wish. The Revenue Laws Study Committee recommended Tuesday to the full legislature that state and local sales tax be applied to these relatively new electronic transactions. Current law generally does not require the tax on these products because they are not considered "tangible personal property" or a service. An analysis of the proposal says the state could collect eight million dollars and local governments almost four million next year if changes were made.

Full Story »
The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.

More information about formatting options

To prevent automated spam submissions leave this field empty.
CAPTCHA
Please re-enter the code shown in the image below.

Reply