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Results found for state 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.
 
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.
 
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.
 
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
 
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
 
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
 
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...
 
The FY 2015-16 North Carolina state budget has finally been finalized. Was it worth the wait? Rather than wading through 400 pages of text, you can read here about the ten most interesting and important aspects of the budget in this article.
The FY 2015-16 North Carolina state budget has finally been finalized. Was it worth the wait? Rather than wading through 400 pages of text, you can read here about the ten most interesting and important aspects of the budget in this article.
 
State taxpayers will pay $400 million less over the next two years if lawmakers pass a $21.735 billion state budget deal announced Monday by legislative leaders. The 2016-17 state budget also expands the sales tax base to include more repair and service work to help offset the tax rate reductions.
State taxpayers will pay $400 million less over the next two years if lawmakers pass a $21.735 billion state budget deal announced Monday by legislative leaders. The 2016-17 state budget also expands the sales tax base to include more repair and service work to help offset the tax rate reductions.
 
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.
 
Senate Majority Leader Harry Brown (R-Onslow) introduced legislation on Monday to reform the state sales tax system. The state levies a 4.75 percent sales tax, while counties levy an additional two percent. The two percent is the focus of the bill, and is currently composed of three different...
Senate Majority Leader Harry Brown (R-Onslow) introduced legislation on Monday to reform the state sales tax system. The state levies a 4.75 percent sales tax, while counties levy an additional two percent. The two percent is the focus of the bill, and is currently composed of three different...
 
Tuesday was a big day for many political races across North Carolina, but some of the races that were overlooked by major media outlets will affect citizens the most. There were thirty bonds on ballots across the state in more than a dozen counties, and all of them passed. Sales tax referendums...
Tuesday was a big day for many political races across North Carolina, but some of the races that were overlooked by major media outlets will affect citizens the most. There were thirty bonds on ballots across the state in more than a dozen counties, and all of them passed. Sales tax referendums...
 
Open up your wallets, folks. It's official. The North Carolina Department of Revenue will start getting a cut of your purchases from Amazon.com starting February 1.
Open up your wallets, folks. It's official. The North Carolina Department of Revenue will start getting a cut of your purchases from Amazon.com starting February 1.
 
And, there's no better way to find obscure, and potentially hot topic stuff, than in the final section of a new law. With his signature Tuesday, Gov. Pat McCrory officially codified new legislation that has a warm fuzzy name - the Tax Simplification and Reduction Act.
And, there's no better way to find obscure, and potentially hot topic stuff, than in the final section of a new law. With his signature Tuesday, Gov. Pat McCrory officially codified new legislation that has a warm fuzzy name - the Tax Simplification and Reduction Act.
 
A change in North Carolina's tax code is coming this year. The most likely outcome will be a reduction in the reliance on our state's income taxes and more of a reliance on an expanded sales tax.
A change in North Carolina's tax code is coming this year. The most likely outcome will be a reduction in the reliance on our state's income taxes and more of a reliance on an expanded sales tax.
 
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!"
 
Louisiana Governor Bobby Jindal, Nebraska Governor Dave Heineman, and Kansas Governor Sam Brownback have all called for their states to eliminate their income tax and replace it with a sales tax over the past week.
Louisiana Governor Bobby Jindal, Nebraska Governor Dave Heineman, and Kansas Governor Sam Brownback have all called for their states to eliminate their income tax and replace it with a sales tax over the past week.
 
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.
 
Did you venture out to purchase school supplies for your aspiring young scholar during our state's tax-free weekend? Or, perhaps your child's school days have long passed and you simply wanted to acquire a new computer without incurring a sales tax.
Did you venture out to purchase school supplies for your aspiring young scholar during our state's tax-free weekend? Or, perhaps your child's school days have long passed and you simply wanted to acquire a new computer without incurring a sales tax.
 
In late March, Gov. Bev Perdue embarked on a two-week campaign to promote a plan that would fund additional education spending by increasing the state sales tax.
In late March, Gov. Bev Perdue embarked on a two-week campaign to promote a plan that would fund additional education spending by increasing the state sales tax.
 
Governor Beverly Perdue Tuesday proposed to raise the state sales tax rate by almost 16 percent in the midst of our state's worst recession in decades.
Published: Monday, January 23rd, 2012 @ 10:15 pm By: Bill Cook
Governor Beverly Perdue Tuesday proposed to raise the state sales tax rate by almost 16 percent in the midst of our state's worst recession in decades.
 
"Tonight, the Republican-controlled legislature turned its back on North Carolina's long-standing commitment to our people to provide quality schools, community colleges and universities - all to save a penny," Perdue stated in a clear reference to the sales tax.
"Tonight, the Republican-controlled legislature turned its back on North Carolina's long-standing commitment to our people to provide quality schools, community colleges and universities - all to save a penny," Perdue stated in a clear reference to the sales tax.
 
The world economy is held fast, it seems, in a Catch-22 situation: The recession was caused and is being drawn out by the housing bust, and now the recession is expected to cause more pressure on hous
Published: Tuesday, June 15th, 2010 @ 5:16 pm By: BCN
The world economy is held fast, it seems, in a Catch-22 situation: The recession was caused and is being drawn out by the housing bust, and now the recession is expected to cause more pressure on hous
 
By: BCN

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