The North Carolina privilege tax on mill machinery is repealed and replaced by a sales and use tax exemption, a sales and use tax exemption is enacted for large fulfillment facilities, and an annual refund of sales and use taxes paid is allowed for transformative projects. Mill Machinery Exemption Effective July 1, 2018, the North […]

The post North Carolina ~ Sales and Use Tax: Mill Machinery, Fulfillment Facility Exemptions, and Transformative Projects Refund Enacted appeared first on Tax & Accounting Blog.