North Carolina Taxes Sales by Nonprofits

Friday, November 11th, 2016

 
 
Arkansas Department of Finance and Administration
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North Carolina
General

Effective January 1, 2017, sales by nonprofit organizations that benefit the state government will be taxable.

Currently, North Carolina exempts sales by nonprofit organizations when the net proceeds will go to the state. Beginning January 1, 2017, the exemption will no longer apply. Retail sales by nonprofit organizations will be subject to tax even if the proceeds benefit the state government.

http://www.dornc.com/taxes/sales/impnotice110416_nonprofits.pdf


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