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Record #:
377
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Abstract:
The North Carolina General Assembly contemplates passing the North Carolina Severance Tax Act, which would tax two commodities: peat and phosphate.
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Record #:
13262
Author(s):
Abstract:
In this first in a series of reports on government issues affecting business in the state, Shaw discusses the proposed North Carolina severance tax. If passed, the law would place a levy on anything taken out of the ground; this would have a large impact on mining companies, brick companies, and anybody using such products. Mining companies say it would affect their ability to compete, and mining companies considering relocation to North Carolina might be deterred by such a tax.
Source:
Business North Carolina
(NoCar HF 5001 B8x), Vol. 2 Issue 1, Jan 1982,
p32-35, il
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