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Results found for "sales taxes"


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 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.
 
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.
 
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.
 
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.
 
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
 
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
 
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
 
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
 
If Roy Cooper and North Carolina Democrats regain control of state government in Raleigh, where would they get the money to pay for all the spending promises they are making?
If Roy Cooper and North Carolina Democrats regain control of state government in Raleigh, where would they get the money to pay for all the spending promises they are making?
 
North Carolina Democrats running for statewide offices this year are trying to convince voters that Republicans favor higher taxes on "working people" while they, the Democrats, favor lower taxes on "working people."
North Carolina Democrats running for statewide offices this year are trying to convince voters that Republicans favor higher taxes on "working people" while they, the Democrats, favor lower taxes on "working people."
 
Every year the Tax Foundation publishes the State Business Tax Climate Index, which allows taxpayers, businesses, and policy makers an easy comparison of how their states' tax systems relate. This ranking of the states is based on tax policy has been very important in North Carolina over the last...
Every year the Tax Foundation publishes the State Business Tax Climate Index, which allows taxpayers, businesses, and policy makers an easy comparison of how their states' tax systems relate. This ranking of the states is based on tax policy has been very important in North Carolina over the last...
 
State Senate Majority Leader Harry Brown and Gov. Pat McCrory waged a war of words Tuesday over the Onslow County Republican's proposal to rework the way local sales taxes are allocated.
State Senate Majority Leader Harry Brown and Gov. Pat McCrory waged a war of words Tuesday over the Onslow County Republican's proposal to rework the way local sales taxes are allocated.
 
Seven counties are seeking quarter-cent increases to their sales tax rates on the November ballot. Some of these counties have tried in years past to increase their sales taxes, and voters have rejected the proposals.
Seven counties are seeking quarter-cent increases to their sales tax rates on the November ballot. Some of these counties have tried in years past to increase their sales taxes, and voters have rejected the proposals.
 
There are six counties with quarter-cent increases to their sales taxes on the ballot in November. Some of these counties have tried in years past to increase their sales taxes, and voters have rejected the proposal. For others, this will be the first time on the ballot.
There are six counties with quarter-cent increases to their sales taxes on the ballot in November. Some of these counties have tried in years past to increase their sales taxes, and voters have rejected the proposal. For others, this will be the first time on the ballot.
 
In one of its last actions for the 2014 legislative session, the House defeated a Senate proposal to restructure county sales taxes, with a number of House members voicing concerns and voting against the economic development components included in H1224
In one of its last actions for the 2014 legislative session, the House defeated a Senate proposal to restructure county sales taxes, with a number of House members voicing concerns and voting against the economic development components included in H1224
 
Critics of a just-passed Senate bill complain that it limits the ability of Wake, Guilford, and Forsyth counties to raise sales taxes to fund proposed rail transit systems in the Triangle and Triad.
Critics of a just-passed Senate bill complain that it limits the ability of Wake, Guilford, and Forsyth counties to raise sales taxes to fund proposed rail transit systems in the Triangle and Triad.
 
Republicans like to boast about "cutting taxes." That's well and good, but take note: Many of us have just been hit with a $43 million sales tax increase.
Republicans like to boast about "cutting taxes." That's well and good, but take note: Many of us have just been hit with a $43 million sales tax increase.
 
Lawmakers agree they want to lower personal and corporate income tax rates while expanding the tax base to include a wider range of sales and service taxes, but the devil is in tax reform details.
Published: Thursday, May 2nd, 2013 @ 11:42 pm By: Tom Campbell
Lawmakers agree they want to lower personal and corporate income tax rates while expanding the tax base to include a wider range of sales and service taxes, but the devil is in tax reform details.
 
There is one talking point that has become the go-to objection to eliminating North Carolina's state income taxes and replacing the revenue by expanding the sales tax: "This will shift the tax burden from the rich and onto the backs of the poor!"
There is one talking point that has become the go-to objection to eliminating North Carolina's state income taxes and replacing the revenue by expanding the sales tax: "This will shift the tax burden from the rich and onto the backs of the poor!"
 
Replacing North Carolina's existing income, corporate, sales, and estate taxes with a new consumed-income tax dubbed the USA Tax could generate 80,500 new jobs in the first year, while boosting the state's economy by $11.76 billion.
Replacing North Carolina's existing income, corporate, sales, and estate taxes with a new consumed-income tax dubbed the USA Tax could generate 80,500 new jobs in the first year, while boosting the state's economy by $11.76 billion.
 
North Carolina's tax on retail sales needs reforming. At the present time, there exists a hodgepodge of taxes on consumption and sales that show very little consistency or forethought.
North Carolina's tax on retail sales needs reforming. At the present time, there exists a hodgepodge of taxes on consumption and sales that show very little consistency or forethought.
 

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