Record #:

30593

Author(s):

Not Given

Abstract:

Early in the year, the North Carolina Department of Revenue provided municipal governments with over $239,000 in aid from franchise taxes paid by electric power utilities. The state collections six percent of the gross receipts for power companies, 1/2 percent of total collections going back to the municipalities.

Source:

We the People of North Carolina (NoCar F 251 W4), Vol. 13 Issue 10, March 1956, p12-13

Subject(s):

Tax collection--North Carolina