Welcome Guest. Register Now!  


For 2014 Tax Tips For Year 2014.


Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 12-12-2014, 12:47 PM
Junior Member
 
Join Date: Dec 2014
Posts: 1
Smile Service Contracts in NC

Are service/maintenance/calibration agreements on property that qualifies as "Mill machinery and parts"(therefore only subject to the 1% privileged sales tax rate) exempt from sales/use tax in North Carolina. We've read through the Directive from the NCDOR in our office and it looks like they are. I was just looking for some feedback from some others that may be familiar with the law changes that happened in NC on 1/1/14.
Any insight is greatly appreciated!



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
Ads
Reply



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
service animals chrisyk Medical 2 12-19-2011 01:49 AM
What are Section 1256 Contracts and how are the gain and losses treated for tax purposes? TaxGuru Capital Gains 0 01-21-2011 01:38 PM
s corp buying vehicle contracts from owner kboyd S-Corporation 1 09-02-2010 07:43 AM
Stipend for service rrmcd55 Income 2 01-21-2010 09:15 PM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.