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The tax is only imposed by local jurisdictions upon the granting of approval by the North Carolina General Assembly. The provision is found in G.S. 105-164.3(28) and reads as follows: [1] 28) Prepared food. – Food that meets at least one of the conditions of this subdivision. Prepared food does not include food the retailer sliced, repackaged ...
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 ...
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(The Center Square) – A policy change by a North Carolina state agency could bring more bond business back to the state, according to state Treasurer Brad Briner. The North Carolina Capital ...
There are also additional taxes levied against food, normally totaling 2%, and some counties assess a 1% tax on prepared food. The property tax in North Carolina is locally assessed and collected by the counties. The three main elements of the property tax system in North Carolina are real property, motor vehicles and personal property ...
The conversation is just beginning, but they’re considering a tax of 10 cents per $100 of valuation, or $400 a year for property with a tax value of $400,000.
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Under the commissioner are a chief deputy commissioner responsible for administration and assistant commissioners responsible for consumer protection, agricultural services, Western North Carolina agriculture programs, and the North Carolina Forest Service. [8] The department is split into 20 divisions. [6]