Changes to Tax on Datacenter Purchases by Contractors in North Carolina

Friday, May 15th, 2015

 
 
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The North Carolina Department of Revenue recently issued guidance on real property contractors' purchases of datacenter machinery. Until July 1, 2015, real property contractors' purchases of qualifying datacenter equipment and machinery are taxed at the 1% mill machinery rate. This tax rate is set to expire July 1, 2015. After that date, unless the state legislature enacts a law to keep the rate in effect, contractors will be liable for the general sales tax rate on these purchases. There will be an exception for purchases made pursuant to certain contracts created before July 1, 2015.

http://www.dor.state.nc.us/taxes/sales/impnotice051215realpropcontract.pdf


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