GENERAL ASSEMBLY OF NORTH CAROLINA
1993 SESSION
CHAPTER 372
The General Assembly of North Carolina enacts:
Section 1. G.S. 105-164.4(c) reads as rewritten:
"(c) Any person who
engages in any business for which a privilege tax is imposed by this Article
shall apply for and obtain from the Secretary upon payment of fifteen dollars
($15.00) a license to engage in and conduct the business upon the condition
that the person shall pay the tax accruing to the State under this Article; the
person shall thereby be duly licensed and registered to engage in the
business. Except as hereinafter provided, a
A license issued under this subsection shall be a
continuing license until it becomes void or is revoked for failure to
comply with the provisions of this Article. A Article. A license
issued under this section to a person, other than a person who makes only
wholesale sales or only exempt sales, becomes void if if, for a
period of eighteen months, the license holder ceases to be engaged in a
business for which a privilege tax is imposed by this Article and remains
continuously out of business for a period of five years. The burden of
proving that a license is still valid is on the license holder. files no
return or files returns showing no sales.
A retailer who sells tangible personal property at a flea
market shall conspicuously display his the retailer's sales tax
license when making sales at the flea market."
Sec. 2. This act becomes effective August 1, 1993.
In the General Assembly read three times and ratified this the 17th day of July, 1993.
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Dennis A. Wicker
President of the Senate
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Daniel Blue, Jr.
Speaker of the House of Representatives