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The North Carolina Department of Revenue was created in 1921 by the North Carolina General Assembly. The department is headed by a Secretary that is appointed by the Governor. The secretary is a member of the North Carolina Cabinet. Currently, the department is responsible for administering the collection of the North Carolina state income tax, gasoline tax, sales tax, beverage tax, and ...
North Carolina's agricultural outputs include poultry and eggs, tobacco, hogs, milk, nursery stock, cattle, sweet potatoes, cotton, and soybeans. [6] North Carolina is the leading producer of tobacco in the country. [7] As one of North Carolina's earliest sources of revenue, it remains vital to the local economy.
Sales taxes in the United States are taxes placed on the sale or lease of goods and services in the United States. Sales tax is governed at the state level and no national general sales tax exists. 45 states, the District of Columbia, the territories of Puerto Rico, and Guam impose general sales taxes that apply to the sale or lease of most goods and some services, and states also may levy ...
We’ve compiled information about the tax process, including how to file for free, what to do if you can’t pay, how to set up a payment plan and more. Important tax filing deadlines for NC ...
The cost of Internet shopping may soon be going up for North Carolinians if e-retailers jump aboard an Internet sales tax amnesty program announced on Friday by the state's Department of Revenues ...
According to the N.C. Department of Revenue, the state will begin processing returns and issuing refunds in March.
A sales tax is a tax paid to a governing body for the sales of certain goods and services. Usually laws allow the seller to collect funds for the tax from the consumer at the point of purchase. When a tax on goods or services is paid to a governing body directly by a consumer, it is usually called a use tax. Often laws provide for the exemption ...
A Trump-era tax law is poised to alter how companies account for research and development expenses. Business leaders say the implications are serious.
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