Articles in regional publications that pertain to a wide range of North Carolina-related topics.
New Regulations for the 1961 Sales Tax
Record #:
31029
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Abstract:
The 1961 North Carolina General Assembly made major changes to the sales and use tax laws. Many transactions that are now exempt from retail sales and/or use taxes are now taxable at a rate of 3 percent or 1 percent such as the sale of fuels to farmers, horses or mules, fuels to commercial laundries, and farm machines.
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