NORTH CAROLINA GENERAL ASSEMBLY

1979 SESSION

 

 

CHAPTER 1100

SENATE BILL 956

 

 

AN ACT TO PROVIDE THAT CREDIT ON THE NORTH CAROLINA USE TAX FOR SALES TAX PAID IN ANOTHER STATE SHALL BE GIVEN ONLY ON A RECIPROCAL BASIS, AND TO MAKE A SIMILAR AMENDMENT AS TO LOCAL GOVERNMENT USE TAXES.

 

The General Assembly of North Carolina enacts:

 

Section 1.  G.S. 105-164.6(4) is amended by adding at the end the following new language: "No credit shall be given under this subdivision for sales or use taxes paid in another state if that state does not grant similar credit for sales taxes paid in North Carolina."

Sec. 2.  G.S. 105-468 is amended by adding at the end the following new language: "No credit shall be given under this section for sales or use taxes paid in a taxing jurisdiction outside this state if that taxing jurisdiction does not grant similar credit for sales taxes paid under this Article."

Sec. 3.  Section 5 of Chapter 1096, Session Laws of 1967 is amended by adding at the end the following: "No credit shall be given under this section for sales and use taxes paid in a taxing jurisdiction outside this state if that taxing jurisdiction does not grant similar credit for sales taxes paid under this section."

Sec. 4.  This act shall become effective July 1, 1981.

In the General Assembly read three times and ratified, this the 17th day of June, 1980.