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Results found for "sales tax"


New Law Addresses Local Governments Not Submitting Financial Audits on Time
Published: Thursday, January 25th, 2024 @ 12:54 am By: ENC NOW
New Law Addresses Local Governments Not Submitting Financial Audits on Time
 
The U.S. Supreme Court will not take up cases from North Carolina involving drunk-driving prosecutions and an out-of-state sales tax dispute.
The U.S. Supreme Court will not take up cases from North Carolina involving drunk-driving prosecutions and an out-of-state sales tax dispute.
 
The U.S. Supreme Court has set June 15 as the date to review two cases with N.C. ties. One involves a dispute over state sales tax assessments. The other covers procedures for prosecuting drunk-driving cases.
The U.S. Supreme Court has set June 15 as the date to review two cases with N.C. ties. One involves a dispute over state sales tax assessments. The other covers procedures for prosecuting drunk-driving cases.
 
The N.C. solicitor general urges the nation's highest court to reject a case dealing with sales tax assessments on out-of-state transactions.
The N.C. solicitor general urges the nation's highest court to reject a case dealing with sales tax assessments on out-of-state transactions.
 
National groups representing manufacturers, small businesses, and major corporations are urging the U.S. Supreme Court to take up a sales tax dispute from North Carolina.
National groups representing manufacturers, small businesses, and major corporations are urging the U.S. Supreme Court to take up a sales tax dispute from North Carolina.
 
In 2013, the new General Assembly held the sales tax at 4.75%, while expanding the base. Consumption-based taxes like the sales tax are more stable and less economically destructive than income taxes which discourage savings and investment.
In 2013, the new General Assembly held the sales tax at 4.75%, while expanding the base. Consumption-based taxes like the sales tax are more stable and less economically destructive than income taxes which discourage savings and investment.
 
A national group of tax lawyers is asking the U.S. Supreme Court to take up a case from North Carolina dealing with sales taxes and out-of-state transactions.
A national group of tax lawyers is asking the U.S. Supreme Court to take up a case from North Carolina dealing with sales taxes and out-of-state transactions.
 
A Wisconsin-based company is urging the U.S. Supreme Court to take up a tax dispute involving the N.C. Department of Revenue.
Published: Monday, May 8th, 2023 @ 10:16 am By: Carolina Journal
A Wisconsin-based company is urging the U.S. Supreme Court to take up a tax dispute involving the N.C. Department of Revenue.
 
Republican lawmakers proposed a bill to replace the income, payroll, and estate taxes with a national sales tax while abolishing the IRS.
Published: Tuesday, January 31st, 2023 @ 4:12 am By: Daily Wire
Republican lawmakers proposed a bill to replace the income, payroll, and estate taxes with a national sales tax while abolishing the IRS.
 
Watauga County and three of its towns want the N.C. Supreme Court to reject a lawsuit from Boone. That town challenges Watauga's system for splitting local sales tax revenue.
Watauga County and three of its towns want the N.C. Supreme Court to reject a lawsuit from Boone. That town challenges Watauga's system for splitting local sales tax revenue.
 
The Town of Boone wants the N.C. Supreme Court to take up its sales tax squabble with Watauga County.
The Town of Boone wants the N.C. Supreme Court to take up its sales tax squabble with Watauga County.
 
But All Five Local Sales Tax Proposals Were Defeated
But All Five Local Sales Tax Proposals Were Defeated
 
Local governments turning to bonds and sales tax referendums due to rising interest rates and inflation.
Local governments turning to bonds and sales tax referendums due to rising interest rates and inflation.
 
A candidate for the Guilford County Board of Commissioners has accused the county government of using public dollars to illegally promote the passage of a $1.7 billion school bond and quarter cent sales tax increase.
A candidate for the Guilford County Board of Commissioners has accused the county government of using public dollars to illegally promote the passage of a $1.7 billion school bond and quarter cent sales tax increase.
 
State government tax revenues have well-exceeded expectations this fiscal year, WRAL reported. Personal income and sales and use tax revenues were $766 million and $330 million above projections, respectively.
State government tax revenues have well-exceeded expectations this fiscal year, WRAL reported. Personal income and sales and use tax revenues were $766 million and $330 million above projections, respectively.
 
Charlotte’s Arts & Science Council went to the people of Mecklenburg County last fall to get a quarter-cent sales tax increase.
Charlotte’s Arts & Science Council went to the people of Mecklenburg County last fall to get a quarter-cent sales tax increase.
 
The proposed $1.6 billion Guilford County Schools bond–and the proposed sales tax hike referendum to pay for it—were on thin ice anyway in the wake of the coronavirus.
The proposed $1.6 billion Guilford County Schools bond–and the proposed sales tax hike referendum to pay for it—were on thin ice anyway in the wake of the coronavirus.
 
I hoped, when Gov. Cooper declared a public health emergency March 14, that he was also planning ways to reduce spending to offset some of the lost sales and income tax revenue.
I hoped, when Gov. Cooper declared a public health emergency March 14, that he was also planning ways to reduce spending to offset some of the lost sales and income tax revenue.
 
North Carolina voters shouldn’t be asked to approve county sales tax increases on election days where turnout is considerably low, one expert says.
North Carolina voters shouldn’t be asked to approve county sales tax increases on election days where turnout is considerably low, one expert says.
 
Nearly every election cycle, a handful of counties place a sales tax referendum on the ballot.
Nearly every election cycle, a handful of counties place a sales tax referendum on the ballot.
 
Mecklenburg County voters on Tuesday rejected a local quarter cent sales tax hike sold as a way to raise funds for area art projects and parks.
Mecklenburg County voters on Tuesday rejected a local quarter cent sales tax hike sold as a way to raise funds for area art projects and parks.
 
A lot of attention in the aftermath of elections on November 5 focused on nationalizing voting trends in Virginia and Kentucky.
A lot of attention in the aftermath of elections on November 5 focused on nationalizing voting trends in Virginia and Kentucky.
 
Mecklenburg County voters rejected a plan to raise the sales tax to fund arts and parks.
Mecklenburg County voters rejected a plan to raise the sales tax to fund arts and parks.
 
Twelve years ago, the General Assembly gave counties the option to ask residents if they wanted more government spending. The county commissioners’ response this year in Mecklenburg? Spend an extra $50 million on the arts and parks.
Twelve years ago, the General Assembly gave counties the option to ask residents if they wanted more government spending. The county commissioners’ response this year in Mecklenburg? Spend an extra $50 million on the arts and parks.
 
Residents of Roanoke Rapids could vote soon to raise their local sales tax by a full percentage point. Money raised from the 1-cent tax increase would help pay off debt linked to the infamous Randy Parton Theatre.
Residents of Roanoke Rapids could vote soon to raise their local sales tax by a full percentage point. Money raised from the 1-cent tax increase would help pay off debt linked to the infamous Randy Parton Theatre.
 
State budget writers have more challenges than normal as they prepare for the next biennium. First, there are economic headwinds from tariff and trade wars and a broader concern about when the next recession will arrive
State budget writers have more challenges than normal as they prepare for the next biennium. First, there are economic headwinds from tariff and trade wars and a broader concern about when the next recession will arrive
 
Advocates for higher taxes and spending were excited to see a new pool of economic activity from which to siphon money, but Gov. Roy Cooper's Department of Revenue (NCDOR) may have overstepped its authority in interpreting state law and a recent U.S. Supreme Court decision
Advocates for higher taxes and spending were excited to see a new pool of economic activity from which to siphon money, but Gov. Roy Cooper's Department of Revenue (NCDOR) may have overstepped its authority in interpreting state law and a recent U.S. Supreme Court decision
 
The state Department of Revenue is gearing up to assess sales taxes on more out-of-state online retailers who make sales to North Carolina residents. But it's unclear whether the department has the legal authority to do so, a former legislative leader says
The state Department of Revenue is gearing up to assess sales taxes on more out-of-state online retailers who make sales to North Carolina residents. But it's unclear whether the department has the legal authority to do so, a former legislative leader says
 
Would North Carolina be a better place without an income tax? A recent Bankrate.com article compared the nine states that forgo broad-based personal income taxes with the rest of the country on economy, population, and jobs
Would North Carolina be a better place without an income tax? A recent Bankrate.com article compared the nine states that forgo broad-based personal income taxes with the rest of the country on economy, population, and jobs
 
After decades of debate and litigation, the U.S. Supreme Court has settled a contentious matter
After decades of debate and litigation, the U.S. Supreme Court has settled a contentious matter
 
Planning your taxes, accounting practices or workplace activities is easy with Beaufort County Community College's Small Business Center
Planning your taxes, accounting practices or workplace activities is easy with Beaufort County Community College's Small Business Center
 
In 2007, the North Carolina General Assembly passed legislation allowing counties to impose an additional quarter-cent sales tax to raise revenue within their jurisdictions
In 2007, the North Carolina General Assembly passed legislation allowing counties to impose an additional quarter-cent sales tax to raise revenue within their jurisdictions
 
At last count, 12 North Carolina counties will include an increase in the local sales tax on their May ballots
At last count, 12 North Carolina counties will include an increase in the local sales tax on their May ballots
 
Voters in numerous North Carolina counties will vote for more than candidates in their districts
Voters in numerous North Carolina counties will vote for more than candidates in their districts
 
Since I and other Republicans gained control of the General Assembly in 2011, the Assembly has championed the philosophy of cutting taxes - thus a lower sales tax rate, personal income tax rate and corporate tax rate on North Carolina families and businesses, while raising the standard deduction for
Published: Thursday, February 1st, 2018 @ 3:07 pm By: Bill Cook
Since I and other Republicans gained control of the General Assembly in 2011, the Assembly has championed the philosophy of cutting taxes - thus a lower sales tax rate, personal income tax rate and corporate tax rate on North Carolina families and businesses, while raising the standard deduction for
 
Should you ever be taxed on "income" that is not, in any meaningful sense, yours
Should you ever be taxed on "income" that is not, in any meaningful sense, yours
 
North Carolina is a model for ending state sales tax holidays in favor of better policy, a Tax Foundation study finds
North Carolina is a model for ending state sales tax holidays in favor of better policy, a Tax Foundation study finds
 
Robbing Peter to pay Paul. Peter is the Highway Trust Fund and Paul Any and Everything Else.
Robbing Peter to pay Paul. Peter is the Highway Trust Fund and Paul Any and Everything Else.
 
A Republican-sponsored bill in the General Assembly could allow the first ever municipal sales taxes in North Carolina
A Republican-sponsored bill in the General Assembly could allow the first ever municipal sales taxes in North Carolina
 
Left-wing activists spent a year complaining that House Bill 2 was hurting North Carolina's business climate
Left-wing activists spent a year complaining that House Bill 2 was hurting North Carolina's business climate
 
When North Carolina voters in 17 counties cast their ballots this year, they had the option of voting "yes" or "no" for proposed increases in local sales or property taxes
When North Carolina voters in 17 counties cast their ballots this year, they had the option of voting "yes" or "no" for proposed increases in local sales or property taxes
 

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