North Carolina Repeals Annual August Sales Tax Holiday

The North Carolina Department of Revenue has reminded taxpayers that the state’s annual sales tax holiday formerly scheduled in August was repealed by legislation enacted in 2013. The sales tax holiday had applied to sales of clothing, school supplies, computers and sports and recreational equipment. The department advises that any retailer who, by any character or public advertisement, offers to absorb the sales and use tax, or in any manner directly or indirectly advertises that the tax is not considered an element in the price to the purchaser, is guilty of a Class 1 misdemeanor. (Important Notice: August Sales Tax Holiday Repealed, North Carolina Department of Revenue)

Posted on July 21, 2014