Articles in regional publications that pertain to a wide range of North Carolina-related topics.
New Electric Bill Wrinkle: Sales Tax
Record #:
31376
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Abstract:
For the first time, North Carolina state sales tax will be applied to the sales of electric, gas and intrastate telephone service. Beginning January 1, 1985, electric bills will include a calculation for three percent in state sales tax, which can be deducted from federal income taxes. The legislature’s intent was to carve the sales tax out of the six percent gross receipts tax that consumers were already paying.
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